Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
About Land and Building
09-28-2010, 02:21 PM,
#1
About Land and Building
Anyone familiar about GAAP? is there something like the Property that included Land & Building. Building cost will be recognize 2/3 of the total cost, and Land will be recognize 1/3?

If not mistaken, I did read something like this before. But just can't find out where is this standard falls under...S.O.S!!![(]
Reply
09-28-2010, 05:47 PM,
#2
 
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by eternaly</i>
<br />Anyone familliar about GAAP? is there something like the Property that included Land & Building. Building cost will be recognise 2/3 of the total cost, and Land will be recognise 1/3?

If no mistaken, I did read something like this before. But just can't find out where is this standard falls under...S.O.S!!![(]
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">

It's about the apportionment ratio of Land & Building cost in lum sum. anyone knows whether there is any standard provide the solution?? thanks!!!
Reply


Forum Jump:


Users browsing this thread: 1 Guest(s)

Contact Us | Accountancy | Return to Top | | Lite (Archive) Mode | RSS Syndication