What is the treatment of Live Stock ? if it is transfer to
the Profit & Loss Account or otherwise it will be treated?

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What is the treatment of Live Stock ? if it is transfer to the Profit & Loss Account or otherw..

Answer / hitesh

live stock is never depreciated....

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What is the treatment of Live Stock ? if it is transfer to the Profit & Loss Account or otherw..

Answer / parul

Live stock will be depreciated as per revaluation method.
Every year revaluation will be made and differencing amount
will be written off to p & l a/c as depreciation.

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