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Accounting Treatment for Donated Assets

 
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Accounting Treatment for Donated Assets
zurpk
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#1
04-28-2007, 10:54 PM
A Company received an asset as a gift & donation. What will be accounting entry for that asset? Whether Company shall charge yearly depreciation on that asset?

Thanking You.

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Messages In This Thread
Accounting Treatment for Donated Assets - by zurpk - 04-28-2007, 10:54 PM
[No subject] - by kamranACA - 04-30-2007, 04:52 PM
[No subject] - by zurpk - 05-02-2007, 01:59 PM
[No subject] - by kamranACA - 05-02-2007, 04:55 PM
[No subject] - by zurpk - 05-02-2007, 05:21 PM

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