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Q: Are the cost and fair market value of an asset the same at the time of acquisition and in all subsequent periods?
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Related questions

Interest may be included in the acquisition cost of a plant asset?

yes


What is market to market?

The meaning and/or use of a "market to market" analysis is to attempt to provide customers, stockholders, CEO's and everyone else under the sun, a way to accurately measure the value of an asset compared to the market in which the asset will be sold in. This market to market valuing of an asset attempts to gain an understanding of what an individual will profit or lose based on the difference between the "book-vale" of an asset, and the "market value" of an asset.


Which intangible asset is recorded only as a part of the acquisition of another company?

goodwill


Which intangible asset is recorded only as part of the acquisition of another company?

goodwill


What is The use of acquisition cost less depreciation in valuing an asset on the balance sheet is the logical result of the accounting convention?

The use of acquisition cost less depreciation in valuing an asset on the balance sheet is the logical result of the __________ accounting convention.


The book value of an asset is the same as market value of the asset?

Book value of an asset is the value which is shown in books of accounts while market value of asset is the value which is currently same asset is selling in market so both of these values are not same but it can be same but normally they are not same.


Difference between takeover and acquisition?

"Acquisition" is a neutral term, but "takeover" connotes hostility between the acquirer and the previous managers or owners of the acquired asset.


What is the difference between asset market and space market in commercial real estate?

Space market is for leases and asset markets are for buying and selling


What are synonyms for acquisition?

purchase, buy, investment, property, gain, asset, prize, possession


What is the journal entry of asset acquisition in ledger accounts?

debit fixed assetcredit cash / bank


What Is an Underlying Asset in binary options?

An option's underlying asset is a market traded asset, such as currency exchange rate, stocks or bonds, and market indices. Fluctuations in the market value of an underlying asset serve as the basis for the value of an option vis-à-vis an option's strike price.


What is profit without cash in accounts?

Asset acquisition, debt reduction, distribtuions to the owner / partner(s) / sharholder(s) all represent profit. Asset acquisition, debt reduction, distribtuions to the owner / partner(s) / sharholder(s) all represent profit.