User Profile

Fixed Assets, -negative book cost; will not depreciate


Happy New Year I think that we are all in agreement, Negative Fixed Assets do exist Yes - we are all aware that majority of our Fixed Assets have a Dr balance, however there are rare occasions where an organization will have a need to record and track, and amortize a Cr "Negative" Fixed Asset....

Read more...
0 Comments

Read more...
0 Comments

Category: Fixed assets (207)

STATUS DETAILS
Completed