Hi all,
if we purchase vehicles at the end of their five year lease do we bring those vehicles on to the asset register at the second hand cost and depreciate over 5 years ( this is our depreciation policy)? At the end of this the vehicles will be 10 years old.
Many
Thanks
if we purchase vehicles at the end of their five year lease do we bring those vehicles on to the asset register at the second hand cost and depreciate over 5 years ( this is our depreciation policy)? At the end of this the vehicles will be 10 years old.
Many
Thanks