Dear All, We are running a wholesale shop. We purchased one Television to show our selling items as presentation to our customers. So please guide for which head of account we open to record as Fixed Assets. We already have to accounts in fixed Assets 1) Furniture and Fixtures 2) Office Equipments. Please guide. Thanks in advance.
Anonymous
1
isha
comes under fixtures eg: lighting, stands tables, and TV also, what do you with a electrical sign board.
office equipment means it should be in the business like to operate eg:computers, billing machines, rollers to fetch something from top floor or top. etc.,
its some time may treated as business promotion expenses,
but now it is fixtures.
?
2
Anonymous
Office equipment.
Meh Me
office equip but why not just create a new head?