Depreciable assets

Depreciable assets are assets which

(i)  are expected to be used during more than one accounting period; and

(ii)  have a limited useful life; and

(iii)  are held by an enterprise for use in the production or supply of goods and services, for rental to others, or for administrative purposes and not for the purpose of sale in the ordinary course of business.

393 total views, 4 views today

Please follow and like us:

Leave a Reply

Your email address will not be published. Required fields are marked *

error: Content is protected !!