+- Accountancy Forum (https://www.accountancy.com.pk/forum)
+-- Forum: The Profession (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=4)
+--- Forum: Accounting and Audit (https://www.accountancy.com.pk/forum/forumdisplay.php?fid=7)
+--- Thread: calculate interest in asset (/showthread.php?tid=7094)
calculate interest in asset - freshman - 01-01-2010
Hi All,
May i know what is the use to calculate interest in relation to fixed asset?
"For internal accounting purposes, it is also relevant to evaluate the fixed capital tied up in an asset in addition to the depreciation. You can account for the tied up capital by calculating imputed interest"
Thanks
Rgds