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Asset retirement costs are not recognized until the dismantling and restoration costs are known with certainty. are added to the carrying value of the related
Asset retirement costs
are not recognized until the dismantling and restoration costs are known with certainty.
are added to the carrying value of the related asset in pro rata periods over the asset's useful life.
are added to the carrying value of the related asset in the period of acquisition.
are never recognized until the asset is retired.
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
10th Edition
1119491630, 978-1119491637, 978-0470534793
