Carrying amount vs WDV

Accountancy

Does carrying amount and Written down value of an asset means same?

abilash ganapathi

CA Inter

★ 750

30-Apr-23 14:33

669

Answers (1)

WDV is used generally in WDV method of calculation. WDV itself is the carrying amount.

CA Suraj Lakhotia

Admin

30-Apr-23 15:10