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The Ministry of Finance clarified the determination of the initial cost when merging several fixed assets into a single fixed asset
The Ministry of Finance clarified the determination of the initial cost when merging several fixed assets into a single fixed asset
24.01.2024
Essence: If the merging of several fixed assets into a single fixed asset results in the creation of a new fixed asset, the initial cost is determined based on the residual value of each fixed asset included in it, and the depreciation group and useful life are determined in accordance with the classification of fixed assets (approved by the Government Decree of 01.01.2002 No. 1).
Source: Ministry of Finance letter dated 20.11.2023 № 03-03-06/1/115081
