nature of accumulated depreciation?

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Querist : Anonymous

Querist : Anonymous (Querist)

26 April 2011 is accumulated depreciation treated as liability if not in which category it falls?

RANGA SRINIVAS (Expert)
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26 April 2011 Dear

Accumulated depreciation to be grouped under fixed assets

regards

ranga K S

taxindiaconnect (Expert)
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26 April 2011 Effectivly if is a liability reducced from fixed assets, not shown separatly as liability.

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