Recording of asset received in will

This query is : Resolved 

10 May 2014 Suppose, I Have received a fixed asset in will. At what Value I Should record it in a situation when i have book value & market value? and in the situation where i have market value only?

12 May 2014 Value of registration cost to your name will be the cost for you and that only you can record.

13 May 2014 thank you sir..............


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