EASYOFFICE

Depreciation on sold assets

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
23 August 2011 Please suggest me if we Trancfer a machine to our other unit in 05/06/2011 and unit receive the machine at 07/07/2011.

Then at the time of finalisation of Balance Sheet as on 30/06/2011 who is charge the depreciation in our books ?

Profile Image

Guest

Profile Image

Guest (Expert)
23 August 2011 the previous unit will charge depreciation. transfer is not complete until the material is recieved it.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries