02-17-2011, 01:07 AM
Dear Dard!
i just want a clarification, in both scenarios, does it mean that VIU for year 2010 is nil (if the asset is purchased in 2010)?
suppose that asset is a Vehicle. now, if that vehicle was not used in 2010, does it mean the Vehicle doesn't has a VIU?
one more thing, m junior in accountancy. plz explain it
Regards.
i just want a clarification, in both scenarios, does it mean that VIU for year 2010 is nil (if the asset is purchased in 2010)?
suppose that asset is a Vehicle. now, if that vehicle was not used in 2010, does it mean the Vehicle doesn't has a VIU?
one more thing, m junior in accountancy. plz explain it
Regards.