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October 14, 2024
Question

Classification of Clocks

  • October 14, 2024
  • 1 reply
  • 0 views

Hi, my company manages schools and we purchase clocks to be used in classrooms. Under what category should this be classified please? Would it be fine to classify as furniture and fittings?

1 reply

BigRedConsulting
October 16, 2024

It's a bit hard to know as everyone's chart of accounts and business is different. Clocks don't seem like furniture or fittings (fittings?) to me...

 

 

FishingForAnswers
October 16, 2024

@BigRedConsulting  Oh, I don't know.

 

They could be installing some of those fancy grandfather-type clocks.