Depriciation
This query is : Resolved
23 November 2013
Respected Expert,
Pls give the Guidence about the following situation.
EX. Ihave one asset which hase useful life of 5 yrs. Now i purchase some part of this asset which hase useful life if 10 yrs.
Whether i have to disclose it under seperate heading or not?
If i want to disclose it under the same head then how can i diclose it?
Thank You.
Pls give the Guidence about the following situation.
EX. Ihave one asset which hase useful life of 5 yrs. Now i purchase some part of this asset which hase useful life if 10 yrs.
Whether i have to disclose it under seperate heading or not?
If i want to disclose it under the same head then how can i diclose it?
Thank You.
23 November 2013
DECIDE whether the parts can be standalone equipments or need to be with the machine only???
03 December 2013
it is integral part of the asset...
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