Arche306 Posted March 10, 2013 Report Posted March 10, 2013 Clients own a Marina that has not operated for the last 5 years, has a loss each year.. Can the remaining amount in the asset account be depreciated? Quote
michaelmars Posted March 11, 2013 Report Posted March 11, 2013 not in operation, no depreciation. make business use 0 for the year so you don't lose track of the asset by deleting it. Quote
Arche306 Posted March 11, 2013 Author Report Posted March 11, 2013 thanks Michael, thats what I thought. Quote
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