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Purchase of vacuum cleaner

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 February 2014 we purchase in out factory vacuum cleaner and god which heads of account of both item
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utkarsh garg

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utkarsh garg (Expert)
27 February 2014 You can show is as Furniture and Fixture under asset or if the amount is minimal and the useful life will not exceed the period covered by your financial statements than charge it to P&L.

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