Depreciation

Accountancy

Pls find below a statement which I've marked in the image wherein it is stated that depreciation of an asset could be included in carrying amt of another asset. How is it? Explain

Sibi Srinivasan

CA Final

★ 22K+

25-Jan-22 11:43

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Answers (2)

Depreciation on machine used to construct another asset would be added to cost of constructed asset.

CA Suraj Lakhotia

Admin

25-Jan-22 11:50

Ok sir. Thank you

Thread Starter

Sibi Srinivasan

CA Final

★ 22K+

25-Jan-22 12:43