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Previously on "Explanation of note for Fixed Assets on abbrev accounts"
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The Fixed Asset note is normally a table of the assets in defined classes broken down into cost b/fwd, additions, disposals, depreciation, depreciation written off in disposals, net book value etc. Easy if you know how, less so if you don't.
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Originally posted by Midland White View PostNo disrespect but it sounds like you really shouldn't be tackling it - rather one for the accounting profession. A false economy really.
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Guest repliedOriginally posted by matt2012 View PostHello,
I am sorry if this has been asked before but after an afternoon of Googling I cannot find it.
I'm filing my abbreviated accounts and for the fixed assets (both intangible and tangible) I'm not sure what to put in for each part of the note (i.e. Cost: additions, disposals etc.; amortisation: charge for the year etc.). This is my first set of accounts as I'm sure you can tell!
Thanks,
Matt
Leave a comment:
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Explanation of note for Fixed Assets on abbrev accounts
Hello,
I am sorry if this has been asked before but after an afternoon of Googling I cannot find it.
I'm filing my abbreviated accounts and for the fixed assets (both intangible and tangible) I'm not sure what to put in for each part of the note (i.e. Cost: additions, disposals etc.; amortisation: charge for the year etc.). This is my first set of accounts as I'm sure you can tell!
Thanks,
MattTags: None
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