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Fully Depreciate Asset
Hi NS Community!
Good day! We have an asset that needs to be fully depreciated without disposing or writing down. For instance, the asset cost is $120k; asset lifetime 12 months; using straight-line method and with cumulative depreciation of $80k. Current NBV is $40K.
How can we fully depreciate the asset with remaining 4 months in depreciation schedule reflecting in FAM Listing Report and Trial Balance? Thank you!
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