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Old 03-07-2011, 09:07 AM
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Asset depreciation

I have started building a barn for my farm business. I had 1/2 of it completed in 2009 and started it as an asset in 2010. Now that I have material cost in 2010, do I add it to the original cost or start a new asset of the 2nd part of the barn or do I just expense the cost. 1500.00 is the amount.



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