18xxxx: Plant and Equipment - Depreciation Reserves

Search G/L Accts:

I. GENERAL

The following G/L account is used to accumulate depreciation on the University's capitalized plant and equipment. It is to be used only by Plant Accounting or the Hospital Controller's Office. This G/L account should never be used by departments. For more information on the University's depreciation policy, refer to GAP 200.090, Plant & Equipment Depreciation.

II. G/L ACCOUNT DEFINITIONS

180000 Valuation Allowance on Assets Held for Sale (Valid For: DUHS)
180100 Accumulated Depreciation (Valid For: DUHS, Univ)
180101 Accumulated Depreciation – Asset Retirement Costs (Valid For: Financial Accounting & GAAP Reporting , DUHS Corporate Finance)
180120 Accumulated Depreciation (Valid For: DUHS Corporate Finance)
Account to record Accum Deprec for DAN.