Whether utensils are considered as an fixed asset in a hotel


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Querist : Anonymous

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Querist : Anonymous (Querist)
23 November 2011 Please answer my query ASAP.

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

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



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