Hi
My question for today is
Our Company has purchased items such as Hard disk, motherboard, RAM, SMPS, processor and cabinet.. now it is obvious that a CPU is being assembled in house.
So, here CPU has no utility of its own, its utility comes when a monitor, keyboard, mouse etc are attached to it
So my question, should these purchase of items said above be capitalised(or written off as Repairs and maint.)?? if yes, why? and at what value?