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Fixed Assets - EBS (MOSC)

Increase Life of an asset fully reserved after repair

Apr 22, 2015 2:15AM edited May 11, 2015 1:54PM in Fixed Assets - EBS (MOSC) 6 commentsAnswered

Hi

We are having an asset , Life of Assets 5 years , which is fully depreciated. NBV is nil, We are using Straight Line Method.

Now we have added new parts and repaired it , can we increase the life of Asset by another 5 years

Regards

Madhu

Tagged:

EBS_FA_Assets

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