[heng]

61

[heng]

58

[heng]

Thank you, John.

[heng]

So is it different compare to the revaluation situation?
Because during re-valuation of asset, the old balance of the accumulated depreciation is transfer to the revaluation a/c.

And after the revaluation, the asset obtain new net book value and started with different depreciation expenses per year with (continue) the remaining useful life before re-valuation (not with the starting useful life before re-valuation).

Please correct me if i was wrong. Thanks again.

[Author]

Posts