FIXED ASSETS: INTERVIEW QUESTIONS AND ANSWERS🤗

[@vinnakotaramanjaneyulu9619]

Thank you sir, I am easily understanding the subject

[@anildesai7867]

Asusual Amazing sir, Thanks a lot 🙏🙏🙏👌👌👌👏👏👏

[@AccountsGurukul]

Thanks a lot for the kind words.

[@oscarsplumbingrooter4741]

Very good summaries of fixed assets, thank you

[@AccountsGurukul]

Its our pleasure. Thanks a lot.

[@manishiam2641]

No doubt! Very useful video.. thank you for your effort 👍

[@AccountsGurukul]

Its our pleasure. Thanks

[@anuragverma4767]

Need more practical videos like this.

[@AccountsGurukul]

Yes very soon we will come up with more practical videos. Thanks

[@kirankumarkottakota3414]

Very well presented, mainly it covered all FA concepts..

[@AccountsGurukul]

Thanks a lot.

[@parasharamshejal3000]

Very well lecture Nice 🙏👍 liked it

[@AccountsGurukul]

Thanks for the kind words.

[@denislaurel7414]

Excellent

[@AccountsGurukul]

Thanks for the kind words.

[@anuragverma4767]

Amazing..

[@AccountsGurukul]

Thanks for the kind words.

[@balakrishnar7334]

Nice

[@AccountsGurukul]

Thanks a lot for the kind words.

[@lavishsingla4431]

Depreciation on building can be negative?

[@AccountsGurukul]

If we talk about net value which summation of purchase value less accumulated depreciation then no and the impact of depreciation entry is always debit depreciation and credit accumulated depreciation. Thanks

[@mishraavinashkumar4417]

Thank u so much sir ❤️

[@AccountsGurukul]

Its our pleasure. Thanks

[@vedsant3624]

Thanks a lot.....

[@AccountsGurukul]

Thanks a lot for the kind words.

[@maneganesh97]

Impairment assets means?

[@AccountsGurukul]

As per AS-28, in case carrying an amount of asset is more than its recoverable amount, an asset is said to be impaired.
What is carrying amount?
It means the amount of which asset is shown in the Balance Sheet. Usually, an asset is shown in the Balance Sheet at its cost less accumulated depreciation or amortization and accumulated impairment losses. Till the time, AS 28 came into operation, the impairment losses are not accounted for in the books of account, therefore the asset is shown at its cost less depreciation, but now; the impairment loss is also to be accounted for and therefore the asset to be shown in the Balance Sheet at its cost less depreciation less impairment loss.

[@maneganesh97]

@@AccountsGurukul Thank u for your quick response. I am very glad if u make explanery video on this.

[@AccountsGurukul]

Sure will post in coming week. thanks

[@maneganesh97]

@@AccountsGurukul Thank you 🙏

[@AccountsGurukul]

We have uploaded video on impairment of assets. Pls refer th-cam.com/video/cLlf9AaKL-I/w-d-xo.html

[@pravinkhorwal1383]

How can i get these in pdf format?

[@AccountsGurukul]

Please send email on accounts.gurukul@yahoo.
Com

[@AccountsGurukul]

We have shared PDF on email. Thanks

[@erikamhaeg.1294]

can i get also in pdf format please.

[@phanindrakumarvavilala804]

Can you please provide this ppt in pdf

[@AccountsGurukul]

Yeah sure. Please drop an email on [e-mail] thanks

[@phanindrakumarvavilala804]

@@AccountsGurukul sent sir. Please send pdf

[@AccountsGurukul]

Shared over email. Thanks a lot.

[@phanindrakumarvavilala804]

@@AccountsGurukul Thanks to you.. got mail

[@AccountsGurukul]

Its our pleasure. Thanks a lot.