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Discussion Forum Index --> Accounting Questions --> Class Life of Salon Styling Chairs
Chase (talk|edits) said:
| 19 October 2009
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| 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.
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KathiJud (talk|edits) said:
| 19 October 2009
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| I would be inclined to say they are equipment due to their use and mechanical features. They are not used as functional furniture pieces.
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Seaside CPA (talk|edits) said:
| 19 October 2009
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| 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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Chase (talk|edits) said:
| 19 October 2009
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| Thanks -- I tend to agree & will change the category.
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