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As 10

Accountancy

Generally we depriciate the asset but here we are adding discount rate which should be reduced from the asset value Why?

Snehashis Mohanty

CA Inter

★ 35

07-Jan-23 19:55

305

Answers (1)

PV of decommissioning cost is considered to be cost of asset.

CA Suraj Lakhotia

Admin

07-Jan-23 19:56

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