Dear Friends,
How do we account Depreciation during lockdown period?
If we avoid to accounting the depreciation during lockdown period, then already calculated FA closing date will be affected.
4 Replies
RAJA P M
("Do the Right Thing...!!!")
(128091 Points)
Replied 18 July 2020
No more changes in the accounting periods. You will provide depreciation as per depreciation method...
annu Goyal
(1102 Points)
Replied 19 July 2020
There is no change in depreciation method,
same depreciation method are applied as done from earlier
same depreciation method are applied as done from earlier
Suman
(CMA)
(195 Points)
Replied 20 July 2020
As per my knowledge there is no change in depreciation method.
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