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What is asset capitalization date? and asset value date...what is difference between them. I have come across definitions still not clear...can any body explain with example...Thank you.

Answer Posted / mabel

Need help to answer my below question.

If the start date is indicate wrongly after 1st math run depreciation.

Can I transfer to new asset and indicate the correct the start date?

For example purchase date is 01.05.23
Start date is on 01.07.23

I transfer over to new asset but asset value dare should be what date?

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