Appreciation on fixed assets jornal entry

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asked Apr 5, 2022 201k views

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Appreciation on fixed assets jornal entry

Mathematics
college

JaChNo asked

by JaChNo

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APPRECIATION ON FIXED ASSETS

The value of asset increases due to inflation. Increase value of assets is added with related asset. It is also recorded in credit side of profit and loss account.

Vinay Kushwaha answered Apr 12, 2022

by Vinay Kushwaha

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