A company has announced that it is going to distri
A company has announced that it is going to distribute a group of long-lived assets to its owners in a spin-off. The most appropriate way to account for the assets until the distribution occurs is to classify them as:
A. held for sale with no depreciation taken.
B. held for use until disposal with no deprecation taken.
C. held for use until disposal with depreciation continuing to be taken.
参考解答
Ans:C.
Long-lived assets that will be disposed of other than by sale, such as a spin-off, an exchange for other assets, or abandonment, are classified as held for use until disposal and continue to be depreciated until that time.
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