Purchase of Assets with replacement of old

Others 171 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...


CCI Pro

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