What is the treatment of freehold premises in the final account
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if there is company's own premises from which it opertaes then is is shown intangible fixed assets but is premises are bought for long term investments then it is shown in investment of balance sheet
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Freehold premises is assert for us. It's treatment is just like other fixed assert. It is appear in balance sheet only it can be depreciate nd it's depreciation goes to profit nd loss amount basically .Free hold premises means a property in which no one holding is available
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