at what value assets put 2 sale r 2 b valued
2 Replies
gourav
(student)
(113 Points)
Replied 01 March 2009
As per A.S.-10 :
Items of fixed assets that have been retired from active use and are held for disposal are stated at the lower of their net book value and net realisable value and are shown separately in the financial statements. Any expected loss is recognised immediately in the profit and loss statement.
THANKS FOR SHARING THE QUESTIONS.......
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