Which of the following statement is correct in relation to AS----6? A. The change in the method
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Which of the following statement is correct in relation to AS----6?
A. The change in the method of depreciation should be treated as a change in estimate
B. The change in the method to depreciation should be treated as change in accounting policy but the depreciation should be computed in accordance with the new method from the date of change in the method of depreciation
C. The change in the method of depreciation should be treated as change in accounting policy but the depreciation should be recomputed in accordance with the new method from the date of first use of the asset
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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