Depreciation as per companies act 13
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 June 2015
What if i dont have the date of installion of asset & i want to depreciate it as per companies act 13 bcoz the asset is still in use...
Need Expert Advice ASAP.
Need Expert Advice ASAP.
30 June 2015
Then i think you need to estimate the remaining useful life of the Asset and depreciate it over the remaining useful life after keeping the scrap value.
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