25 February 2012
What is the treatment of Depreciation while computing Working Capital Required on Normal Basis OR Cash Cost Basis ? Do we include depreciation in W.I.P. if it is a part of Overheads ? Do we include Depreciation in Stock of Finished Goods ?
03 April 2012
Depreciation is not a charge or expense. It is to be added in the profit while preparing MIS data for bank finance and the net assets is to be shown
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