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Total cost devided assets
Value should be the purchase price
There are different method and first one is comman method and that is depreciation of the asset which is the decrease in value over time due to wear and tear
To evaluate used assets purchased for a total amount from another company, determine the current market value of similar assets, assess their condition and age, calculate depreciation, and consult with industry experts if needed. doodle baseball
To compute the net tangible assets of a company: The company needs to look at its balance sheet and identify tangible and intangible assets. From the total assets, deduct the total value of the intangible assets. From what is left, deduct the total value of the liabilities
In case of purchasing another company used assets for a total amount for all the assets, what is the best way for evaluate and record each asset separately, and how you will depreciate it?
For Example: Company A Paid A hundred thousand SAR in Year two thousand twenty-three for purchasing used assets from company B, Company B purchased these asstes in year two thousand eighteen