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What was the treatment of earlier purchased fixed asset

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Querist : Anonymous

Querist : Anonymous (Querist)

11 February 2015 if I purchased a fixed asset 2 year ago, but I have not shown the transaction in the books of accounts.
But now I want to show the purchased fixed assets in the books of accounts.
please reply after considering all matter related to this transaction include depreciation

Amol S Joglekar

Amol S Joglekar (Expert)
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11 February 2015 What is the form of organisation? Proprietor, Partnership or Company?

Querist : Anonymous

Querist : Anonymous (Querist)

13 February 2015 proprietorship hai

Amol S Joglekar

Amol S Joglekar (Expert)
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25 February 2015 Show the transaction at its depreciated value

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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25 February 2015 it will be shown under assets side balance sheet at wdv after providing applicable depreciation

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