Accounting of depreciation on dissolution
This query is : Resolved
25 September 2022
When a firm dissolve during the year than how to charge depreciation till dissolution and after dissolution.
25 September 2022
Depends upon the way the assets are parted away under dissolution.
An interesting case-study on the issue....
https://www.financialexpress.com/archive/firm-partners-claim-benefit-on-same-assets/147466/
An interesting case-study on the issue....
https://www.financialexpress.com/archive/firm-partners-claim-benefit-on-same-assets/147466/
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