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Valuation of assets

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(Querist)
23 January 2012 If on the any assets we charged full depreciation but our assets is in good condition and we can take benefit then how can we show of this assets in our financial books (As per the Balance sheet). Please Advise me
Thanking you
Regards of
suman kumar thakur
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
23 January 2012 As per Accounting standard 6 asset will be depreciated up to 95% or to the extend of salvage value. so it can be shown as salvage value, in case totally depreciated can be shown as Re.1 value
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