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Category > Economics Posted 04 May 2017 My Price 3.00

A donated plant asset for which the fair value

A donated plant asset for which the fair value has been determined, and for which incidental costs were incurred in acceptance of the asset, should be recorded at an amount equal to its

A. Incidental costs incurred.

B. Fair value and incidental costs incurred.

C. Book value on books of donor and incidental costs incurred.

D. Book value on books of donor.

Answers

Alpha Geek
(8)
Status NEW Posted 04 May 2017 09:05 AM My Price 3.00

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Attachments

file 1493889645-451921_1_636294542914929072_Donated-asset-basis.xlsx preview (122 words )
45-----------192-----------1&a-----------mp;-----------amp-----------;in-----------foI-----------d=4-----------736-----------82D-----------ona-----------ted----------- As-----------set-----------A d-----------ona-----------ted----------- pl-----------ant----------- as-----------set----------- fo-----------r w-----------hic-----------h t-----------he -----------fai-----------r v-----------alu-----------e h-----------as -----------bee-----------n d-----------ete-----------rmi-----------ned-----------, a-----------nd -----------for----------- wh-----------ich----------- in-----------cid-----------ent-----------al -----------cos-----------ts -----------wer-----------e i-----------ncu-----------rre-----------d i-----------n a-----------cce-----------pta-----------nce----------- of----------- th-----------e a-----------sse-----------t, -----------sho-----------uld----------- be----------- re-----------cor-----------ded----------- at----------- an----------- am-----------oun-----------t e-----------qua-----------l t-----------o i-----------tsA-----------. I-----------nci-----------den-----------tal----------- co-----------sts----------- in-----------cur-----------red-----------.B.----------- Fa-----------ir -----------val-----------ue -----------and----------- in-----------cid-----------ent-----------al -----------cos-----------ts -----------inc-----------urr-----------ed.-----------B.C-----------orr-----------ect----------- An-----------swe-----------rC.----------- Bo-----------ok -----------val-----------ue -----------on -----------boo-----------ks -----------of -----------don-----------or -----------and----------- in-----------cid-----------ent-----------al -----------cos-----------ts -----------inc-----------urr-----------ed.-----------D. -----------Boo-----------k v-----------alu-----------e o-----------n b-----------ook-----------s o-----------f d-----------ono-----------r.E-----------xpl-----------ana-----------tio-----------nAs----------- pe-----------r U-----------S
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