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selena · 09-25-2005, 02:49 PM

If you have an option for fixed assets or tangible assets, you might put it there. The biggest thing would be that it not go into current assets. I'm not an accountant, but I personally think you'd be fine listing it under property/plant/equipment.

Found this snippet that may help: Where a fixed asset is used not for use within the business, but is held for investment purposes, then it is not expected to wear out and need not be depreciated. Investment properties must be included at open market value

09-25-2005, 02:49 PM
selena Confirmed User Join Date: Aug 2004 Location: On The Edge Posts: 7,994	If you have an option for fixed assets or tangible assets, you might put it there. The biggest thing would be that it not go into current assets. I'm not an accountant, but I personally think you'd be fine listing it under property/plant/equipment. Found this snippet that may help: Where a fixed asset is used not for use within the business, but is held for investment purposes, then it is not expected to wear out and need not be depreciated. Investment properties must be included at open market value __________________ ~ Doer of Things at MetArtMoney Where Flawless Beauty Meets Art ~The MetArt Network ~ selena.delgado9 Last edited by selena; 09-25-2005 at 02:52 PM..