asset
This query is : Resolved
29 October 2010
can a bicycle be an asset?
29 October 2010
Yes.
You have to capatilise this Asset.
But If cost of this asset under Rs. 5000/- u just book fully as depreciation & if over Rs. 5000/- then as asset treatment at year end.
You have to capatilise this Asset.
But If cost of this asset under Rs. 5000/- u just book fully as depreciation & if over Rs. 5000/- then as asset treatment at year end.
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