depreciation
This query is : Resolved
26 December 2007
hello,
my query is relating to the scrap value of fixed assets. facts are given below :
our company is following the depreciation rate of 31.67 % by SLM method with a scrap value of 5% on EDP assets.
one of our assets(laptop) given to an employee for his personal and official use. after 4 years he has resigned. what is the value we should recover from him ?
my query is relating to the scrap value of fixed assets. facts are given below :
our company is following the depreciation rate of 31.67 % by SLM method with a scrap value of 5% on EDP assets.
one of our assets(laptop) given to an employee for his personal and official use. after 4 years he has resigned. what is the value we should recover from him ?
26 December 2007
Sir,
It is purily depond upon companys policy. Let it be decide by your personnal and administration Department.
Regards
Sandeep Aggarwal
It is purily depond upon companys policy. Let it be decide by your personnal and administration Department.
Regards
Sandeep Aggarwal
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