If we preapre monthly profit & loss a/c whether its prudent policy to show depriciation on monthly basis?or its has to show on yearly basis.
3 Replies
CA.Vinita Gupta
(Deputy Manager- Finance)
(2923 Points)
Replied 12 June 2013
Can be shown on Montly basis
Devendra
(Chartered Accountant)
(4775 Points)
Replied 12 June 2013
Depreciation is also to be shown while preparing monthly P & L A/c.
Kailash Mohanbhai Manani
(Sr. Executive - MIS)
(35 Points)
Replied 14 June 2013
Can be shown on Montly basis properly
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