12 April 2008
oftenly fixed asset namell plant and machinery recieved back in following condition. 1.after compliting fair life 2.repiar and replacment 3.renovation 4.burnand damaged. 5.other not specified the assets thus not in use will be accounted for on WDV IN stock or in other books of account.
13 April 2008
i want correct accouting treatment asin some company following treatment is being given Dr asset not in use[historical cost] Cr asset[historical cost] Dr accumulated depriciation stock with resudual value Cr asset not in use