What is Best practice for additional investment in...
# accounting
z
What is Best practice for additional investment in existing FAM Asset? I see revaluation, write-down … yes, I know it could be negative and that lead to increase Current Asset Value, but …. it is still “fake” writedown
k
revaluation is usually for intact assets, that is when asset’s value changes without your interaction with it. if you adding more to your asset you can record it as a separate asset (labor or material) and add them as sub-assets to your main asset
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