Tangible Fixed assets note Flashcards
1
Q
What is the first heading?
A
Cost or valuation
2
Q
What are the two dates of the first heading cost or valuation (assume YE31/12/14?
A
At Jan 01 2014 & At Dec 31 2014
3
Q
What is the second heading?
A
Accumulated depreciation
4
Q
What are the 3 categories for accumulated depreciation
A
At Jan 01 2014, Charge for the year, At Dec 31 2014
5
Q
What are the categories for the NBV section?
A
At 31/12/2014 & At 01/01/14
