Busniess Name: Sourabh Sharma
Qtr No. 213, New Town Yehlanka
Indore 454775, India
ABC Corporation decides to use the following month prorate convention as part of their convention policy during Asset depreciation process. According to this, which date will be the Prorate date for ABC Corporation?
Last date of current month
Last date of following month
Beginning date of the following month
Beginning date of the month following the month placed in service
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