GL Names needed

[msumair]

Hi,
Please advice the following items General Ledger names.Which GLs should be used for;

1 -Wheelchairs
2- Operation Theater examination bed;

of a hospital financial statements

Thanking you in advance

 

[bklynboy]

Sounds like a fixed asset that is capitalized and depreciated over their useful life.

 

[Fidget]

I'm thinking expense the wheelchairs and capitalise the operating theatre bed.