if a furniture is sold for 36900 on 16-11-2019 and the closing wdv is 23000 as on 31-3-20
how do I calculate the book value of the furniture for the purpose of depreciation under companies act ?
Menu
Bool value of asset sold
Replies (1)
Depreciation on furniture will be calculate up to date of sale in books and then you can calculate the profit and loss on sale of furniture
Recent Topics :
- Confusion in gst registration for service category
- Itc claimed from return defaulters
- Gst input credit
- CAN PARTNERSHIP FIRM SIGN SERVICE AGGREMENT WITH A
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
Related Topics :
CAclubindia
