Dear Friends,
How do we account Depreciation during lockdown period?
If we avoid to accounting the depreciation during lockdown period, then already calculated FA closing date will be affected.
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Depreciation Accounting During Lockdown
Replies (4)
Quick Summary
No more changes in the accounting periods. You will provide depreciation as per depreciation method...
There is no change in depreciation method,
same depreciation method are applied as done from earlier
same depreciation method are applied as done from earlier
As per my knowledge there is no change in depreciation method.
Thanks To You All
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