Hi Guru,
My client requirement is:-
An Asset was capitalized in ABC client in April 2012. The car was transferred to XYZ client on March 04, 2014. The net book value when it was transferred to XYZ was N2,409,669.60
We want to pass the entry in our books now and we want the life of the asset to still be 4years from April 11, 2012.
We want your assistance to be able to pass the entry.
Please i need help on the above scenario.
It's Urgent.
Thanks,
Manas