Writting of fa in rented premises for 3 years
pooja dedhia
(Querist) 07 September 2012
This query is : Open
how to do the accounting in the following case?
ABC has taken a flat for L & L for the 3 years . He has made the THE Furniture & fixture of Rs.15 lacs in the rented premises.
in such case , when L & L is expired some of the fixed assets are useful which can be move to other place & used,but some are not useful as it is fixed to the floor.
how to show in the book of accounts?