Atharv Sankliya (1356 Points)
27 September 2022
Yasaswi Gomes new
(Finance )
(4545 Points)
Replied 27 September 2022
Held for sale classification during the period of disposal of asset. Apart from that, asset is depreciated even during it's idle time and depreciated more during overshift.
Yasaswi Gomes new
(Finance )
(4545 Points)
Replied 28 September 2022
Using the units of production depreciation is why you might be thinking the above might not be the necessary reasons enough to stop depreciation. Here as well the business is a going concern.
Atharv Sankliya
(1356 Points)
Replied 28 September 2022
CAclubindia
