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The fair value at the time of donation – the value at which an asset is exchanged when there is a buyer and a seller that want to perform the sales operation, and when they have complete information about it.

If this value cannot be calculated then it can be estimated with the accounting value of the donor.

If even this value is not found then it is estimated with the value of their precious.

Donation is presented as deferred income and is amortized over a lifetime of the asset being included in the income of the period

These assets are valued because the entity expects to receive profits from their use.

Evaluated with the set value in the agreement of contribution or value assessed by an expert.

This value is determined by valuation, that is, by one reasonable assessment, keeping in mind the market value of the asset and the expected benefit that of the entity.

For example, in the initial agreement, partner A invests a plot of land as well contribution to the entity.

2) Has no market value

Usually in these cases AAGJ is completely amortized and its historical value is equal to the depreciation of accumulated. As a result, in these cases there is no profit or loss from deleting an AAGJ. Example:

Out of use of an asset with an initial value of 200,000 and 200,000 accumulated depreciation would be recorded in the journal:

Different types of AAGJ such as machinery, means of transport, equipment offices may leave the unit in exchange for new assets. In these cases the unit usually gives its asset as and must pay the difference in cash up to the value of the asset new.

Exchange occurs:

• With a similar asset

• With a similar asset

From this exchange can come differences, gains or losses? In these cases in accounting will always be recorded in resulting in losses from the exchange of assets and profits of possible will only be registered in exchange with active no similar (principle of conservatism)

Example – loss case: IAC Company gets a computer a, valuable in the market

70,000 ALL, giving in exchange a computer B, with the same parameters with an initial value of 120,000 and accumulated depreciation of 80,000 and gives one a lot of money of 40,000 led.

In this case there is a difference in exchange of -10,000 calculated:

Accounting value of Assets given: (120,000 – 80,000) + 40,000 = 80,000

Difference = 70,000 – 80,000 = – 10,000

Computer A will be recorded at the value resulting from the market value difference it’s with the unregistered profit from the exchange: 90,000 – 10,000 = 80,000.

This value is also called the base cost of the new computer A which is used when calculating depreciation as well as when the new computer will be unregistered.

It is in fact nothing more than the book value of the assets given in exchange.

The principle of historical cost requires that assets be recorded at the input with the value of the assets or money given in exchange for them.

New assets are carried with the book value of the old assets given in exchange because it is considered that the income insurance process is not considered completed in the case of exchange of similar assets.

Long-term material assets subject to consumption are in the form of natural resources such as oil wells, forests, mines

etc., which the unit usually buys to use by converted into inventory such as. Oil, timber, minerals etc. This inventory will be used for sale in order to secure profit.

Active in the form of investments or monetary loans that business uses not just to secure profits faster than to put under control or to have stable connections with other businesses.

. Active to participate / control in the direction of another company;

 Active in order to ensure long-term profits – dividends & interest; Treat Long-term loans given to third parties

Vestige Short-term loan with difficult repayment. (Restructuring)

With the cost of purchase – if purchased;

– With the value determined in the contribution agreement if contributed by the owner;

– With the fair value of the given MM

Assessment in BK- with cost, with revalued value, we the case of IAGJ-shares or at amortized cost in the case of loans or bond investments

Exits are the same as for other long-term assets when sold or are given in exchange for taking other assets.

Assessment at the close of the exercise, on the date of construction of the balance sheet can be made:

 With net historical cost from accumulated depreciation and depreciation (depreciated cost) – basic method;

contract provided performing land repairs for parking and adjustment. In the market separately the value of the building 60 miles were presented, land 30 miles and repairs and land improvements 10 mil. Determining the part of each constituent element in the contract, or buying a hotel (not as a business) that has composition his some active.

The fair value at the time of donation – the value at which an asset is exchanged when there is a buyer and a seller that want to perform the sales operation, and when they have complete information about it.

If this value cannot be calculated then it can be estimated with the accounting value of the donor.

If even this value is not found then it is estimated with the value of their precious.

Donation is presented as deferred income and is amortized over a lifetime of the asset being included in the income of the period

These assets are valued because the entity expects to receive profits from their use.

Evaluated with the set value in the agreement of contribution or value assessed by an expert.

This value is determined by valuation, that is, by one reasonable assessment, keeping in mind the market value of the asset and the expected benefit that of the entity.

For example, in the initial agreement, partner A invests a plot of land as well contribution to the entity.

Assessment at the close of the exercise, on the date of construction of the balance sheet can be made:

 With net historical cost from accumulated depreciation and depreciation (depreciated cost) – basic method;

With net revalued value from accumulated depreciation and value reductions – alternative methods.

When the assessment is made with the revalued value, in the balance sheet the market value of the asset is presented (as shown by last reassessment made to him) minus accumulated depreciation as well as accumulated losses from price declines, from the date of the last revaluation until the last date of the exercise.

Reassessments are made that the AAGJM net book value in the date of closing of the exercise, to be as close as possible the value of their market on that date.

The revaluation can be done for those AAGJM market value of which it changes frequently and in the manner of visible from their VKN, but it costs.

The standard recommends that reassessments be made once in 3-5 years for the whole class of assets.

When the carried value of an asset increases as a result of revaluation, growth should be credited directly to capital appearing as revaluation surplus. Example:

Company has a building worth 2 million like and with accumulated depreciation of 1 million ALL. In date 31.12.2015 revalues ​​it with the market value that it was 1.3 .

With net revalued value from accumulated depreciation and value reductions – alternative methods.

When the assessment is made with the revalued value, in the balance sheet the market value of the asset is presented (as shown by last reassessment made to him) minus accumulated depreciation as well as accumulated losses from price declines, from the date of the last revaluation until the last date of the exercise.

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