Whether utensils are considered as an fixed asset in a hotel

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

23 November 2011 Please answer my query ASAP.

whether Utensils are considered as an fixed asset in an hotel industry?

RG - A Helping Hand (Expert)
Follow

24 November 2011 No

As per my understanding utensils cannot be considered as fixed assets even for a hotel industry.

wait for other opinions.

RG

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

view all classess