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Asset Classification for Construction Costs by Ambar Kusumaningsih is a document available to read on EtoBox.

What is Asset Classification for Construction Costs about?

This document provides guidance on allocating various construction-related costs to different accounting categories: 1) Costs like abstract fees, cash paid for land, assessments by the city, and landscaping that is permanent in nature should be allocated to the Land account. 2) Architect fees, interest on construction loans, excavation before construction, the new building, and installation of equipment should be allocated to the Building account. 3) Purchase of equipment, freight on equipment, and sto

Author

Ambar Kusumaningsih

Language

EN