TMI BlogListing Cars as Assets Doesn't Confer Ownership; Legal Titleholders Are True Owners.Depreciaition - Merely because the company has shown the cars as its assets in the books of account, cannot put it into the definition of owner of the cars to the exclusion of the legal/registered owners of the cars. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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