Depreciation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 March 2018
I have charged depreciation on fixed assets which make my trust's income and expenditure a.c. balance negative. Is it correct?
Nikhil Kaushik
(Expert)
20 March 2018
as long as you have charged the depreciation as per the correct rates, negative surplus is not a problem
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