If an Asset is classed as IDLE and has not been used in years but continues to depreciate is the accounting treatment to dispose of asset/write it down to a saleable value/stop depreciating it and keep it on the books, even although the asset would still be held within the company.For example a old machine thats to big to move but will still be held at the factory.

If we do why it would not appreciate in value?

Aditya

• Aug 12th, 2011

Depreciation refers to decrease in the value of assets due to fear of obsolete and use, in-fact most of the assets have limited useful life. but there are some examples like land value of which almos...

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