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In the balance sheet Which better put the fixed asset by total amount and the depreciation Or put the net of the fixed asset

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Question ajoutée par Saad fajene , financial project manager , Mercedes Benz Bank
Date de publication: 2014/04/29
Moses Ajayi Murorun
par Moses Ajayi Murorun , Production Executives , Various Organizations

Net value of Assets while Depreciation has beeen showed in Fixed Assets Schedule

Mohammed Alsatrawi
par Mohammed Alsatrawi , Treasury Manager , Al Yusr Industrial Contracting Co

It is better to put the fixed assets along with the depreciation amount to know the historical value of the assets. The investors will have a better idea about how long the company is holding this assets.

Ahmed Obiyah
par Ahmed Obiyah , Chief Accountant , Marhaba Shopping Center company

It is better to show the historical value of fixed assets than if it was shown by net book value, then you can follow the history of the asset and depreciation

Umer Aziz
par Umer Aziz , Senior Accountant , TERNA Bahrain Holding - GEK Group (www.terna.gr)

I believe it is better to show Asset and Accum Dep seprately in BS

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