Fixed assets & Depreciation

Name: The Unipedia - Prep & Apply
Address: 1st Floor Plot E-23, 2nd Commercial Lane Zamzama DHA V, Karachi, PK, 74000
Telephone: 92-0313-8332179
Price range: 10-100

Fixed assets must be revalued regularly to ensure that the right cost is included in the accounting books. Depreciation is very much necessary for fixed assetsbecause the fixed asset would lose its residual value due to the wear and tear, depletion, passage of time, obsolescence or accidents over a time period.