Accounting for maintenance dredging cost

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Accounting for maintenance dredging cost

eggyorkwoo
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10-29-2009, 11:43 AM

Can anybody share their experience on accounting for maintenance dredging cost?

My firm is in container terminal industry, we do maintenance dredging once in 5 years, the cost is pretty substantial & i am wondering how best to account for it so as to minimise impact on P&L.

thks

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Accounting for maintenance dredging cost - by eggyorkwoo - 10-29-2009, 11:43 AM