In which A/c head should this item be capitalized

Querist : Anonymous (Querist) 09 March 2011 This query is : Resolved
sir,
company has purchased Item (Control card 138D). whether this item is related to computer or plant & machinery

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Guest (Expert) 09 March 2011
Depends upon for what purpose is has been purchased. So, unless it is clear, there is a possibility of wrong classification of the expenditure.

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