Hi,
Dumb question.
If we buy a new equipment, do we include the depreciation of it in the current year’s reported Dep on I/S?
Or does it matter whether you bought it begining or end of year?
Hi,
Dumb question.
If we buy a new equipment, do we include the depreciation of it in the current year’s reported Dep on I/S?
Or does it matter whether you bought it begining or end of year?
depends when you bought it during the year. beginning of year, you would depreciate full year’s depreciation…