Discussion:Class Life of Salon Styling Chairs
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(Difference between revisions)
| Revision as of 16:57, 19 October 2009 Seaside CPA (Talk | contribs) (I think it would) ← Previous diff |
Current revision Chase (Talk | contribs) (Thanks -- I tend) |
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| {{ForumReplyPost|UserID=Seaside CPA|Date=19 October 2009|Text=I think it would fall under "assets unique to personal & professional services" & have a 5 year life. It's not a typical chair to be used in any business.}} | {{ForumReplyPost|UserID=Seaside CPA|Date=19 October 2009|Text=I think it would fall under "assets unique to personal & professional services" & have a 5 year life. It's not a typical chair to be used in any business.}} | ||
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| + | {{ForumReplyPost|UserID=Chase|Date=19 October 2009|Text=Thanks -- I tend to agree & will change the category.}} | ||
Current revision
Discussion Forum Index --> Accounting Questions --> Class Life of Salon Styling Chairs
| 19 October 2009 | |
| Would you consider salon styling chairs "furniture" or "equipment"? I placed them under 7 year furniture but client thinks it ought to be equipment over 5 years. I could go either way I suppose but wondering your experience. Thanks. | |
| 19 October 2009 | |
| I would be inclined to say they are equipment due to their use and mechanical features. They are not used as functional furniture pieces. | |
Seaside CPA (talk|edits) said: | 19 October 2009 |
| I think it would fall under "assets unique to personal & professional services" & have a 5 year life. It's not a typical chair to be used in any business. | |
