Depreciation as per companies act

This query is : Resolved 

22 April 2009 if an company chreged depreciation on a assets from the month when its ready for use before making the entry in accounts. Is it correct.

For a example : Date of entry is 12-12-2008 and bill date is 11-11-2008 and charged depreciation from the month of Nov. 2008 as in this month assets was ready for use.

Is it Correct ?

22 April 2009 Yes, it is absolutely correct

22 April 2009 Yes


22 April 2009 Correct



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