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Query on depreciation

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Article assistant
25 Points Posted on 21 June 2016
Where surplus arising due to changein method of depreciation from slm to wdv will be disclosed in Profit and loss in Schedule 3 of Companies Act 2013
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On 21 June 2016 at 20:55 Report
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Student CA final
1113 Points Posted on 21 June 2016
yahh u are right.
such changes should quantified and disclosed, and should charge/credited to p&l as the case may be, and it should be treated as changes in AP.
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On 21 June 2016 at 23:04
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Article assistant
25 Points Posted on 21 June 2016
Under which head sholud it be credited
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On 21 June 2016 at 23:17
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j j
117 Points Posted on 22 June 2016
it should be shown in Bs under reserve & surplus
1 Reply
On 22 June 2016 at 12:28


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