leased asset

This topic has 1 reply, 2 voices, and was last updated 5 years ago by Stephen Widberg.

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September 22, 2020 at 8:24 am #586363
toushiga
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Hello Sir, under the section of ” Sale of Newall”

Why the leased asset deemed surplus will need to written off?

Thank you.
September 24, 2020 at 6:04 pm #586572
Stephen Widberg
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The asset is described as ‘surplus to requirements’ – so it has no value and will be written off.
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