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v s
Apr 10, 2010 at 04:56 AM

Reversal of Asset with posted Depreciation

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Dear Gurus,

I have capitalized a Asset in the Nov-09 and the Deprecaiton has run upto March-10. Now due to some decision, i have to reverse that asset. I have following concern-

1. How can we reverse the Asset?

2. How can we revese the posted Depreciation against that asset from Nov-09 to Mar-10?

Regards,

VS