I want to know purchase of catridge of a printer in a software company comes under which head of account whether office expenses or part of Fixed Assets:Computers.
such expenses can be treated as Fixed Asset only if it increases the value of the asset or extends the life of asset or increases the performance of the asset.
Dear madam,
It can be debited in Computer Expense ( under Indirect Expense ).
When the expense made for extending the life of the asset then only it can be accounted for related assets.