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1. • CommentAuthorhanan
   • CommentTimeApr 28th 2007

    
   i need help
   is showing the fixed assets on the balance sheet with its original cost ,less an estimated amount of depreciation is the best way
2. • CommentAuthorabril
   • CommentTimeMay 1st 2007

    
   i believe so since historical cost are more objective.
3. • CommentAuthorAbusamak
   • CommentTimeMay 1st 2007 edited

    
   hello,
   of course this is the best way to record plant assets (using historical cost principle).
   
   good luck
4. • CommentAuthoraakbar
   • CommentTimeMay 8th 2007

    
   it depends country to country, some stats a/cs keep provission for depreciation and it shows on liability side. and the F.A alonee at it it's cost on the asset side