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hey sir.. i wonder when non-current asset is revalued, calculate its new depreciation, if non current asset is revalued, let just say 1st march 2015 and accounting year end 31st dec 2015, when calculating revalued asset depreciation,does have to calculate for months also?
i hope u get my Q. can u explain plx???Usually (and if the question does not say differently) you will depreciate on a monthly basis.
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