DEpreciation
This query is : Open
23 January 2010
Dear Sir,
My book closing is on 31st march but i hav prepare accounts for the december quarter. Their is an asset purchased in the quarter qualifying for 100% Depreciation so depreciation that would be charged 2 P&L would be proportionate for the December and March Quarter or I hav 2 charge 100% for December Quarter.
My book closing is on 31st march but i hav prepare accounts for the december quarter. Their is an asset purchased in the quarter qualifying for 100% Depreciation so depreciation that would be charged 2 P&L would be proportionate for the December and March Quarter or I hav 2 charge 100% for December Quarter.
23 January 2010
this is rate of Dep so you have to use this as rate. Full asset should not be write off. So charge dep in p/L proportionatly
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