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Accountin for Asset Essay Preview: Accountin for Asset Report this essay Demolition Costs— New Policy• Demolition costs included in cost of new buildings as site preparation only where— No legal or constructive obligation to restore — Formal management commitment to demolish and build on the site • Demolition costs expensed where no intention to rebuild.
Related Essay Topics:
Accumulated DepreciationCost Of New BuildingsÑž DemolitionÑž Non-Current Asset Policies