Selfie Stick purchased by construction company for their business.
It should treated as fixed asset or expense?.
It should be treated as expense.
Vikas Chauhan (203 Points)
15 February 2020
Kumar Sushank
(General Manager - Finance)
(1040 Points)
Replied 15 February 2020
It should be treated as expense.
RAJA P M
("Do the Right Thing...!!!")
(127921 Points)
Replied 15 February 2020
| Originally posted by : Vikas Chauhan | ||
 |
Selfie Stick purchased by construction company for their business.It should treated as fixed asset or expense?. |  |
Yes You can book it under FA. But., If value is lesser then Better to account in PandL as per Mr Kumar Sushank view.
Ashok Reddy Edara
(41 Points)
Replied 19 February 2020
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