Depreciation

Yes You can reclassify assets into its right category.

Last Year asset is classified into wrong category.  Adjust last year depreciation.

Depreciation on Printer as per Computer                                                   xxxxxxxxx

Depreciation on Printer as per Plant & Machinery                                  xxxxxxxxx

PRIOR PERIOD ITEM                                                                                 xxxxxxxxx

This year you can reclassify the asset and charge depreciation as per Computer.

samrendra sir

please explain with entries

thanks