Depreciation

This query is : Resolved

shraddha (Querist)
Follow

27 November 2019 one partnership firm start from 01/04/2018 , 03/01/2019 one partner retired from partnership firm ,at the same date new partner admitted.in july month some furniture are purchased,so in this case 2 (profit and loss ,b/s )account are prepared like01/04/2018-02/01/2019,03/01/2019 -31/03/2019 .so i want to know at the period of 01/04/2018-02/01/2019 how much dep are charged on furniture?(op value of furniture 10000,new addition july month 5000)

RAJA P M

RAJA P M (Expert)
Follow

27 November 2019 No matter for Partners retired or admitted. BS and PandL will be prepared base on transactions. Also Depreciation based on its usage and periods...

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
Follow

29 May 2020 Agree with @Raja PM Sir.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Vijay Mishra

DEEPAK BHARGAVA

Ashish Agrawal

Sivakumar

Anoop

Subscribe Now

Depreciation

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

Manager- Finance and Compliance

GST CONSULTANCY

Accountant

Article Assistant

CA Final

GST CONSULTANT