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Former Member
Feb 07, 2012 at 02:36 AM

Group Assets


Two Assets A and B are same kind of assets acquired in the year 2010. They belong to group asset XYZ.

Next Year we acquire two more assets C and D that should belong to the group asset XYZ. Will they be assigned

to the group asset same XYZ in the year 2011.

But now the question comes how will group asset XYZ depreciate?

Because it already has two assets A and B from Prior year,so the depriciation will be calculated for those assets.

How will group asset XYZ depriciate with new assets C and D?