Treatment of residual value
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 September 2016
Hello experts.!
What is the treatment of residual value when the life of asset has expired in the current year
What is the treatment of residual value when the life of asset has expired in the current year
Amol S Joglekar
(Expert)
16 September 2016
debit depreciation
credit respective asset
in the narration write the details.
credit respective asset
in the narration write the details.
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