Fixed Asset.
This query is : Resolved
24 October 2009
When a Fixed asset of a Company whoes net book value becomes Nil, but it is decided by the Company to use for another 2 years,
What amount must be shown in Balance Sheet of the Company?
What amount must be shown in Balance Sheet of the Company?
24 October 2009
nil amount to be shown in the books of accounts
24 October 2009
The asset will be shown at nil balance in Balance sheet.
24 October 2009
u can also revalue it.....
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