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-   -   Bookkeeping Cert 4 query (https://www.askmehelpdesk.com/showthread.php?t=402156)

  • Oct 3, 2009, 03:54 AM
    josstuff
    Bookkeeping Cert 4 query
    Hi,

    I am cuurently doing an assesement for bookkeeping and I need to find out if the company purcashes a new car and only pays a depoist does the full value of the vehicle go to the assets.
  • Oct 3, 2009, 04:31 AM
    ROLCAM

    The answer is a definite YES!

    All the facts about it need to be entered in the books.
    Depreciation is also calculated on the full value.

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