Capital equipment is tangible property having an acquisition value of $5,000 or more and a useful life expectancy of more than one year. Group purchases of tangible property that individually have ...
Capital equipment (including furniture and furnishings) is defined as an article of nonexpendable, tangible (moveable) personal property with a useful life of more that one year and an acquisition ...
We oversee campus policies and accounting functions designed to maintain uniform accountability for the University of Colorado Boulder's capital construction ($75,000+), equipment ($5,000+), debt, ...
capital and non-capital equipment, computers, and electronic devices. Government-titled property encompasses all assets, tangible or intangible, owned or leased by the government. The University must ...
Additional known costs other than the construction estimate (e.g. furniture, fixtures & equipment budget and/or anticipated increased operating budget costs) Specifics as to how this space will be ...
This equipment has an extended life so that it is properly regarded as a fixed asset. When deciding when to purchase and register capital equipment on your books, there are two lines of thinking.
Capital equipment is any item of equipment, apparatus, machinery, or furniture not attached to or made a part of a building structure. The item must be non-expendable, have a useful life in excess of ...
Capital equipment for the University must have an individual cost of $5,000 or more and have a useful life of one or more years, provided sufficient individuality and size exists to make control ...
Capital equipment records are verified at least once every two years to ensure that the inventory records within the asset management system are accurate. Capital equipment inventory verification ...
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