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Why we put number 1as a value for the assests full depricated ?

Accounting Auditing Cost Accounting Financial Accounting managerial accounting
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Question added by Asim Azaldeen Abdalrahman Mhammed , Property Manager , TAAM PROPERTY
Date Posted: 2014/11/20
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Mohammed Salim Allana
by Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

So the company can continue to use that asset and retain in the register till that asset get scrapped or disposed off.

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