Asset held for sale
This query is : Resolved
Naveen Kumar
(Querist)
19 March 2010
My question is that, if there is any difference between asset held for sale or asset available for sale.
M Prabhakar Menon
(Expert)
19 March 2010
The difference is same as that between "held" and "available"
Naveen Kumar
(Querist)
19 March 2010
Thanks for your reply
Naveen Kumar
(Querist)
19 March 2010
Is it right that held for sale means, you will sell the asset but available for sale means you may or may not sell the asset.
CA Ashok Kumar Sahu
(Expert)
19 March 2010
agree
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