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How to evalute used assets if purchased for a total amount from other company?

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Question ajoutée par ريان الدوسري , Senior Accounant - Head Of Accounting , NearPay
Date de publication: 2023/06/15
Muhammad  Ishtiaq
par Muhammad Ishtiaq , HR And Administrative Manager , AGPR karachi

  1. Sir if purchase all assets by other company ,we should prepared before this that additional  assets should be in my hand before doing this and alternate way should be planned

Md Ayachin  Miah
par Md Ayachin Miah , Branch Manager Operations , ASA INTERNATIONAL INDIA MICROFINANCE LTD

Total cost devided assets

Victor Njuguna
par Victor Njuguna , Hotel General Manager , Smothers Ltd

Value should be the purchase price

Syed Haris sherazi
par Syed Haris sherazi , domestic import export , own

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

Arash Hamedinejad
par Arash Hamedinejad , Technical Sales Engineer , DKKI

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

ريان الدوسري
par ريان الدوسري , Senior Accounant - Head Of Accounting , NearPay

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