Menu
Query
Why fix asset valued at historical cost???,,????
Replies (2)
They are not purchased for day to day business. To make accounts comparable they are valued at historical cost
As per AS-10 Accounting for fixed Asset we value fixed Asset..
Recent Topics :
- Understanding where manual effort goes in audit wo
- Scanned purchase bills to Tally XML with GST check
- TDS applicability of foreign remittance to Oracle
- GSTR 9 LATE FEE
- Best Online Mock Test Series for CA Inter January
- COST OF IMPROVEMENT
- Pillows and Mattresses
- GST Applicability for Reg. / Un-Reg. Indian custom
- Amended GST Act & Rules
- FAST DS 2026 MAIL QUERY
Related Topics :
CAclubindia
