Fixed Assets
This query is : Resolved
05 April 2009
In case due to defects, fixed assets already capitalised are returned to the supplier can it be shown as a deletion in the block?
05 April 2009
yes
05 April 2009
Dear friend. Block of assets will be prepared at the end of the year while calculating depreciation. So only those assets are shown in block which are depreciable or which are sold are shown in the sale column. So asset returned will not appear in block.
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