IndigoLearn

Forums

All Topics Accountancy Auditing Corporate & Other Laws Direct Taxation Indirect Taxation Financial Management Economics Costing Strategic Management Maths & Stats Exams Others AFM Financial Reporting CFA Level I

Provision for depreciation

Accountancy

In a companies balance sheet, should provison for depriciation be shown as a short term provision ? Or should the net value of asset be shown in asset side

Parvathy Ajith

CA Inter

★ 0

07-Mar-24 20:17

Answers (2)

Best Answer

Reduced from the Gross book value.

CA Suraj Lakhotia

Admin

10-Mar-24 13:10

No the net value of assets should be shown

Sherli Njrs

CA Inter

★ 4K+

09-Mar-24 14:56

Connect With Us

Sales

964-011-1110 / 913-331-0549

Support

915-491-1196

964-011-1110

support@indigolearn.com

Company

About Us

Careers

Information

Testimonials

FAQ

Terms & Conditions

CIN: U74999TG2017PTC116012 | GSTIN: 36AAECI4332C1Z0 | PAN: AAECI4332C

IndigoLearn

Provision for depreciation

Connect With Us

Company

Information

Courses

Course Guides

Offerings