What are the accounting subjects for drinking fountains?
I work on fixed assets, but operate at low value and consumables The water heater is boiled with an inner bladder (stainless steel tank), with two thermostats on the inner liner
Borrow: low value, easy to consume goods (or fixed assets)Cash in stock (or bank deposit)Then it is amortized according to the accounting policy.The dispenser for sale belongs to the inventory account
If the unit purchased water dispenser for personal use, according to the size of its value, choose to be credited to fixed assets or low value consumable (in line with the conditions of fixed assets, recorded in fixed assets; otherwise, credited to low value, perishable goods).
