High value forceps/surgical instrument use in Hospital consider as Assets or revenue expenses ?
Note: This instrument maynot have long life more than three years.
1 Replies
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(183273 Points)
Replied 20 February 2017
They are taken as assets and at 40% depreciation, in about 4 years time its value gets below 15%.
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