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Category

Software 

Question

Why is software on my inventory?

Answer

According to Statement No. 51 of the Governmental Accounting Standards Board (GASB), all intangible assets (software) should be classified as capital assets and accounted for in the same manner as tangible assets.
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Created at 10/22/2010 11:46 AM  by Moses, Linda@Accounting Services 
Last modified at 10/22/2010 11:46 AM  by Moses, Linda@Accounting Services