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accumulated depreciation please help

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is it necessary to maintain the same in books of accounts as well?
Replies (3)

FOR BETTER CONTROL PURPOSES. IT IS ADVISABLE TO MAINTAIN IN BOOKS.

how to account for if one asset is shifted from one plant to another?

IN THE FIXED ASSET REGISTER THE GROSS BLOCK OF THAT RESPECTIVE MACHINERY WILL BE SHOWN UNDER THE PLANT WHERE IT IS MOVED


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