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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