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hi, Sorry guys i was not able to answer queries coz i was busy with something... Asset account at NBV is different from Asset account at cost because in cost account u make Accumulated depreciation a/c separate, where as in NBV account previous depreciation is already deducted from ur asset cost and they give u NBV so no need for accumulated dep. A/c, U only have to adjust this year dep. charge, which u put on credit side. becoz when dep is charged without acc. dep a/c it will be Dep. (Dr) Asset (cr), so as we are preparing asset a/c so it will come on cr. side. additions are same becoz no dep. charged on them.But can you explain the asset at book value account please?