The accounting schedule lists all accounting assets in the asset register. For each asset the report lists: The report lists totals for: The report lists the assessable (profit) or deductible (loss): If the termination value is more than the closing asset value (CAV) the assessable (profit) = termination value – CAV If the termination value is less than the closing asset value (CAV) the deductible (loss) = CAV – termination value
|