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where will be effect the amount of depreciation in company
final account? If it will effect in P&L A/c & Balance Sheet
also than will amount be same in both sheet?
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Answer Posted / pranesh
Dear Manoj,
There are two types of Depreciations will be admisable
one in flat rate system and another reducing balance system.
there will be consideration of 9000/- (4000+5000) when
flast rate of system adopted. other wise the second method
will be absorbed.
Hope you will understand.
| Is This Answer Correct ? | 0 Yes | 3 No |
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