Can anyone say how to account for Display Items in a curtains showroom( Whether to classify them as Fixed asset or Stock-in-trade
Ahmed
(Accounts)
(77 Points)
Replied 04 February 2009
hi
yes its not a fixed assets its a stock in trade
For further details , I will be more than glad to do the needful.
Thanks
CA Devanshi Gandhi (Ajani)
(FCA DISA Mcom CIFRS & LLB)
(9058 Points)
Replied 28 March 2009
its obviously stock in trade
Live class on PF & ESI Enrollment & Returns Filing(with recording)
CAclubindia
