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Ashika
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Asked: 2024-09-14T13:12:56+05:30 In:

A Ltd. imported from London one machinery for sale in India and other machinery for production purpose. Will you treat them as goods or fixed assets?

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A Ltd. imported from London one machinery for sale in India and other machinery for production purpose. Will you treat them as goods or fixed assets?
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  1. Ashika
    Knowledge Contributor

    First machinery will be treated as goods and the second machinery will be treated as Fixed Asset.

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