accumulated depreciation please help
Ankush (Student) (1374 Points)
29 July 2019
is it necessary to maintain the same in books of accounts as well?
3 Replies
CA PREM KUMAR
(Chunduru & Co)
(296 Points)
Replied 29 July 2019
FOR BETTER CONTROL PURPOSES. IT IS ADVISABLE TO MAINTAIN IN BOOKS.
Ankush
(Student)
(1374 Points)
Replied 29 July 2019
how to account for if one asset is shifted from one plant to another?
CA PREM KUMAR
(Chunduru & Co)
(296 Points)
Replied 29 July 2019
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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