Answer Detail: RE: Pass the correspondence Book entry

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Question: Pass the correspondence Book entry

Answer: Company purchase one car on 01/01/2008, one new accounting package, and paid audit service charges. The cost of car is 20,000.00, accounting software is 6000.00 and audit fee is 3000.00 estimated depreciation is for tangible assets is 10 years and for intangible is 3 years. Pass the correspondence Book entry

July 07, 2008 13:16:32	#1
gopaltripathi	Member Since: July 2008 Total Comments: 1
RE: Pass the correspondence Book entry
if asset is not put to use more than 180 days then 50%depriciation provided

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