I own a martial arts school. I had to buy mats, a storeage (plastic) shed, and a small safe for documents and cash reserves. Please help me categorize these expenses?
I own a martial arts school. I had to buy mats, a storeage (plastic) shed, and a small safe for documents and cash reserves. Please help me categorize these expenses?
The shed & the mats you could put in as Class 8
(20%) CCA assets. The safe you can put in as an “Other Expense” or you could
put it in with the other Class 8 assets.
I own a martial arts school. I had to buy mats, a storeage (plastic) shed, and a small safe for documents and cash reserves. Please help me categorize these expenses?
The shed & the mats you could put in as Class 8
(20%) CCA assets. The safe you can put in as an “Other Expense” or you could
put it in with the other Class 8 assets.
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