Fixed
Fixed
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 1997 MANITOU MVT 1130L TELESCOPIC LIFT FIX N SAVE  US $10,800.00
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 Schertzer Fixed Neck Low Boy Trailer 35 ton US $9,500.00
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 HARLEY M6 Power Box Rake Fixed Angle Used Stock U0002283 US $4,190.00
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 2V2419 Cat Axle GpFixed 980C 980F Good Used Caterpillar US $2,375.00
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 Geith Mechanical Fixed Thumb for Hydraulic Excavator US $1,950.00
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 Backhoe Attachment for ASV Terex RC30 PT30 LoadersDigs 5 Fixed 12 Buckets US $1,899.00
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 Backhoe Attachment for Mini Skid SteersDigs 5 NewFixedFits Most Mini Loaders US $1,699.00
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 Dent Fix The Maxi Dent Removal Station DENDF 505 US $1,243.99
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 6ft Aluminum Shutter with Fixed Louvers FREE SHIPPING US $986.00
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 Fab tech 8 1 2 x 36 mini mid size manual fixed excavator thumb grapple US $700.00
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 Combo Fixed Stand 12 305mm core bit capacityCDM3CS US $650.00
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 Leica GST40 Wooden Tripod 56ft Long Fixed Legs 328422 US $590.00
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 Construction Electrical Products 5322 Fixed Light Cart US $500.00
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 800 6 will fix die dip fitdig TOLL FREE 800 694 553 US $495.00
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 VELUX Fixed skylight solar blackout blinds FS C06 US $365.00
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 VELUX Fixed skylight solar powered roller blinds FS C06 US $365.00
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 Kichler Olde Bronze Fixed Rail 4 Lt 7755OZ US $338.00
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 Kichler Brushed Nickel Fixed Rail 4 Lt 7755NI US $338.00
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 Beam Anchor 36 Fixed DBI SALA 2108407 US $290.00
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 Kichler Antique Pewter Fixed Rail 4 Light 42164AP US $274.00
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 Kichler Olde Bronze Fixed Rail 3 Lt 7754OZ US $258.00
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 Kichler Brushed Nickel Fixed Rail 3 Lt 7754NI US $258.00
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 Kichler Olde Bronze Fixed Rail 4 Light 42164OZ US $240.00
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 Kichler Olde Bronze Fixed Rail 4 Lt Halogen 7704OZ US $239.00
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 Kichler Polished Nickel Fixed Rail 4 Lt Halogen 7704PN US $239.00
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 DeWALT DW616PK 1 3 4 HP Fixed Base Plunge Router Kit US $236.99
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How do you do the accounting for fixed assets purchased in a foreign currency?
When a Company purchases fixed assets in a foreign currency, do they Value the fixed asset Back into the USD amount at the date the asset was acquired or what? The asset is being carried on the foreign subsidiary's Books at the amount in Japanese yen. I'm a Little confused about this. Can someone provide details, or provide a source where I can find Good information on this topic? Thanks.
You just translate the Yen Price to USD Cost at Time of acquisition and it stays at that cost thereafter. You don't revalue foreign currency Non-monetary assets. However you still follow the rest of the standards, Like perform the impairment Test, etc
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