Post by account_disabled on Mar 6, 2024 22:10:12 GMT -6
The recorded in the AgioDisagio account. If in this exchange the company adds a down payment the acquisition price of the machine is the amount of money paid plus the market price of the securities used in exchange. Exchanged with other Fixed Assets Many purchases of fixed assets are carried out by means of exchange or the popular term tradein. Old assets are used to pay for new assets either in whole or in part where the shortfall is paid in cash. In conditions like this the fixed cost principle must be used namely that the new asset is capitalized at an amount equal to the price of the old asset plus.
The money paid if any or capitalized at the market price of the new asset received. Obtained from B2B Email List Gifts or Donations Obtained from gifts or donations the recording can be carried out deviating from the acquisition price principle. There are often costs involved in receiving gifts but these costs are much smaller than the value of the fixed assets received. If fixed assets are recorded at the cost incurred this will cause the total assets and capital to be too small and also the depreciation expense to be too small. To overcome this situation assets received as gifts are recorded at market value.
Depreciation or depreciation of fixed assets received from gifts is calculated in the same way as other fixed assets. SelfCreated Assets often make the necessary fixed assets themselves such as buildings tools and furniture. The creation of these assets is usually with the aim of filling capacity or employees who are still idle . All costs charged for the manufacture of the assets themselves such as materials direct wages and direct factory overhead do not cause problems in determining the cost of fixed assets created. But indirect factory overhead costs raise the question of how much should be allocated to the assets.
The money paid if any or capitalized at the market price of the new asset received. Obtained from B2B Email List Gifts or Donations Obtained from gifts or donations the recording can be carried out deviating from the acquisition price principle. There are often costs involved in receiving gifts but these costs are much smaller than the value of the fixed assets received. If fixed assets are recorded at the cost incurred this will cause the total assets and capital to be too small and also the depreciation expense to be too small. To overcome this situation assets received as gifts are recorded at market value.
Depreciation or depreciation of fixed assets received from gifts is calculated in the same way as other fixed assets. SelfCreated Assets often make the necessary fixed assets themselves such as buildings tools and furniture. The creation of these assets is usually with the aim of filling capacity or employees who are still idle . All costs charged for the manufacture of the assets themselves such as materials direct wages and direct factory overhead do not cause problems in determining the cost of fixed assets created. But indirect factory overhead costs raise the question of how much should be allocated to the assets.