It is an asset.
sure it is
Yes it is, fixtures and fittings are usable for more than one fiscal year that's why these are fixed assets.
non current
Yes, when you purchase fixtures and fittings, you would debit the fixtures and fittings account to increase your asset balance, reflecting the addition of a new asset. Simultaneously, you would credit the bank account to decrease your cash or bank balance, indicating that you have spent money to acquire the asset. This transaction follows the double-entry accounting principle, where every debit has a corresponding credit.
It means it is worth a lot.
om a fixtures are the screws
sure it is
Yes it is, fixtures and fittings are usable for more than one fiscal year that's why these are fixed assets.
Turn off the water supply to the bathroom. Remove fixtures and fittings such as sinks, toilets, and bathtubs. Cut and remove the old pipes. Install new pipes and fittings. Connect the new fixtures and fittings. Test the new plumbing system for leaks. Reinstall any removed fixtures and fittings. Turn the water supply back on and check for proper functioning.
never heard of the fittings,now you can run 2 fixtures off that line,not fittings
Kohler is a brand of faucet fixtures
non current
fixed assets
Yes, when you purchase fixtures and fittings, you would debit the fixtures and fittings account to increase your asset balance, reflecting the addition of a new asset. Simultaneously, you would credit the bank account to decrease your cash or bank balance, indicating that you have spent money to acquire the asset. This transaction follows the double-entry accounting principle, where every debit has a corresponding credit.
Yes, the seller can remove light fittings from the property before selling it. However, it is important to clearly specify in the sales agreement which fixtures and fittings will be included in the sale to avoid any misunderstandings.
Fittings for taps include nuts, washers, and connectors that secure the tap in place and connect it to the water supply. Fixtures for taps would refer to the actual tap itself, including the spout, handles, and any other components that control the flow and temperature of water.
Yes more than likely. I believe it does have a plumbing and hardware department.