Fixed Assets - EBS (MOSC)

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We have a asset with remaining life of 2 Years but, we need to retire it in after 3 months.Please ad

edited Oct 27, 2014 10:01AM in Fixed Assets - EBS (MOSC) 1 commentAnswered

We have a asset with remaining life of 2 Years but, we need to retire it in after 3 months.Please advise best practise.

We Need to distribute the loss to income statement gradually.If we retire after 3 months it will hit income statement.

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