whether the boiler equipment should be included in the original value of the property

FRB: Financial Accounting Manual - Federal Reserve

Feb 17 2017 · Building machinery should be capitalized if the full acquisition cost (paragraph 30.01) is $50000 or more and meets the capitalization criteria defined in paragraph 30.70. When property is purchased for immediate use the estimated amount of machinery and equipment that is included in the building should also be included in this account.

learn More