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 Fixed Assets  |  Question 26 of 27    Print  
Nature and accounting treatment for fixed asset
Explain the nature and accounting treatment for fixed asset.



  
Total Answers and Comments: 0 Last Update: March 14, 2008     Asked by: ranjille060506 
  
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Depreciation is the decrease in the value of an asset due to wear & tear, obsolscense, laps of time.  
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Can we set default system date in fixed asset in Oracle Apps 11i? If yes, then how? 
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Why do we calculate loans & advance on the asset side of the balance sheet? 
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