Forums
Accountancy
Sir, in this they add firefight exp after apply of average clause but as per theory we have to deduct the fire fight expenses from salvage value
subramanyam yendakuarthi
CMA Inter
★ 4K+
25-Feb-20 06:36
517
Answers (1)
Fire fight expenses is generally deducted from salvage value.
CA Suraj Lakhotia
Admin
26-Feb-20 17:57