Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
What’s the treatment of a Fixed Asset used by the client partially for their personal use and partially for their business? Should we capitalize pro rata amount on purchase and depreciate that amount or should we capitalize the total cost of asset? Also, what could be it’s tax implication?
