Is allowed to aggregate starting depreciation Date for similar item purchase on different date in the same month ?

Accounting CPA Accountancy Banking &amp Finance

Question added by Hibaq Yousuf - ACCA Member , General Accountant , Laheeb
Date Posted: 2019/12/20

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by Ali Usman , Accounting Manager , RH Architects Pvt. Ltd.

if the compay's policy is to depreciate assets from the month (not date) of purchase till the month of sales, then yes you can add similar items of assets.

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Is allowed to aggregate starting depreciation Date for similar item purchase on different date in the same month ?

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