It is recorded as an asset.
Is it true the fair value of an asset retirement obligation recorded as an increase to the related asset and as a liability?
yes It is an Asset, not a Liability.
asset liability
Asset
It is recorded as an asset.
Is it true the fair value of an asset retirement obligation recorded as an increase to the related asset and as a liability?
Asset - Liability = Net Asset / Liability * Net Asset - When Asset is more than Liability * Net Liability - When Liability is more than Asset
yes It is an Asset, not a Liability.
asset
asset liability
It is an asset
Asset.
asset
asset
Asset
Asset