Capital gains

If some depreciable asset got damaged and I have received an insurance claim for that then what should be the COA for such depreciable asset???
Replies (4)
Quick Summary
This discussion clarifies the correct Cost of Acquisition (COA) for depreciable assets that have been damaged and for which an insurance claim has been received. Participants suggest considering the depreciable amount, the original cost of acquisition, the opening written-down value (WDV), or the carrying amount as the appropriate COA in such scenarios.

Coa is depreciable amount
Cost of acquisition will be the cost of the asset
I think cost is the opening wdv of such asset
Yes the carrying amount

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