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Purchase of Assets with replacement of old

Others 212 views 1 replies

Dear All,

We have purchased the 50 Nos of  New UPS batteries  @ 25000 each for our Machine. and old batteries 50 @ 770 has been replaced to same vendor.

it should be treated as addition of Assets or Expenses and how much amount ??

Thanks

Replies (1)
It's treated as expense...


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