Forums›ACCA Forums›Fully depreciated assetACCA ForumsFRFully depreciated assetSsteven6y agoPlease what happens to a fully depreciated asset, even though it is still fit to be use in the company.MmrjonbainModerator6y ago#1It's carrying value would be zero. However, in order to show true and fair view, revaluation would probably occur before this happens.Sign into reply to this topic.
Ssteven6y agoPlease what happens to a fully depreciated asset, even though it is still fit to be use in the company.
MmrjonbainModerator6y ago#1It's carrying value would be zero. However, in order to show true and fair view, revaluation would probably occur before this happens.
