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
16 September 2016
debit depreciation
credit respective asset
in the narration write the details.
credit respective asset
in the narration write the details.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Sales of goods of amount Rs77 lakhs to a party
- ITR-3 - How to show loss in 65(i) - (iii) under under Part A - P & L section and sub section 65?
- Automatic MIS from Tally ERP
- Filling ITR for FY 2024-25
- Schedule Dpm under 44ada no account casr
- TAX AAPLICABLE TO SUPPLY OF FRESH FRUIT JIUCE
- GST applicability on Shipping charges
- FRESH FRUIT JUICE EXEMPTION UNDER GST
- Incidence of Tax - TDA
- TDS Retunr Statement Status
- MISMATCH AMONG GROSS TURNOVER AIS. ACTUAL SHOWING GST PORTAL AND GENIUS FROM GST PORTAL
- GST Registration DELHI MUMBAI
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
