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scrap of a asset

Hi master

An Asset was @10,000/-, @ 10% stright line mothod. then after 10 years the mechaniry value is 0, then how to show in the books.

and one more doubt, as per as books the asset value 0, but when ever u have to do scrapping the value is some around 1000, then this is revenue or not.

thanqu

raj

Former Member
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