The asset value determination for Property of Interest (POL) is outlined in DA Pam 710-2-1, specifically in Chapter 3, which provides guidance on the valuation of assets. This includes the use of standard tables that categorize items based on their type, condition, and estimated value, facilitating accurate accounting and reporting of military property. The table assists units in assessing the worth of their equipment and supplies for various logistical and administrative purposes.
3-7
3-7
3-7
determination of log table value
The table that is used is table 3-13. This is a table from a text book from which the question is taken.
Table 3-13
The net book value of a depreciable asset is calculated by deducting the accumulated depreciation from the original cost of the asset. Accumulated depreciation is the total depreciation expense recorded over the life of the asset. This calculation allows for the determination of the asset's value at a specific point in time.
Table 3-13
Table 3-13
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.
Gain on sale of asset is occured when actual value of asset is less then the sale value of asset.
Table 4-17