10-29-2009, 06:48 PM
Salam,
It is always recommended to depriciate all ur assets over their useful lifr & only show that year's depreciation in the P&L a/c.
The new machines bought should not be charged to P&L a/c.
Hope this helps.
[8D]
It is always recommended to depriciate all ur assets over their useful lifr & only show that year's depreciation in the P&L a/c.
The new machines bought should not be charged to P&L a/c.
Hope this helps.
[8D]