Chapter 8600 - Property Accounting

PURPOSE AND OBJECTIVE OF PROPERTY ACCOUNTING	8600
GENERAL—PROPERTY	8601
CAPITAL ASSETS	8602
NONCAPITALIZED PROPERTY	8603
PROPERTY—DEFINITION	8609
Infrastructure	8610
LAND	8611
BUILDINGS	8612
IMPROVEMENTS OTHER THAN BUILDINGS	8613
OTHER CAPITALIZED AND NON-CAPITALIZED TANGIBLE PROPERTY	8614
INTANGIBLE ASSETS	8615
DEPRECIATION	8616
USEFUL LIFE AND AMORTIZATION	8617
REPAIRS AND MAINTENANCE	8618
IMPAIRMENT OF CAPITAL ASSET AND RELATED INSURANCE RECOVERIES	8619
PROPERTY ACCOUNTING—BASIC ACCOUNTING REQUIREMENTS/DIFFERENCES	8620
BASIC RULES	8621
JOURNAL ENTRIES FOR THE CAPITAL ASSETS GROUP OF ACCOUNTS	8622
ACCOUNTING FOR PROPERTY ACQUISITIONS	8630
PURCHASE	8631
INSTALLMENT PURCHASE/CAPITAL LEASE CONTRACTS	8632
TRANSFER	8633
GIFT	8634
INTERNALLY GENERATED INTANGIBLE ASSETS	8635
ACCOUNTING FOR PROPERTY DISPOSITIONS	8640
SALE OF PROPERTY	8641
TRADE-IN OF PROPERTY	8642
LOST, STOLEN, OR DESTROYED PROPERTY	8643
ACCOUNTING AND CONTROL OF PROPERTY	8650
IDENTIFICATION AND TAGGING	8651
PROPERTY INVENTORY	8652
FINANCIAL STATEMENT REPORTING REQUIREMENTS	8660
STANDARD JOURNAL ENTRIES—PROPERTY	8670
ENTRIES FOR FUNDS USING THE CAPITAL ASSETS GROUP OF ACCOUNTS	8671
ENTRIES FOR FUNDS NOT USING THE CAPITAL ASSETS GROUP OF ACCOUNTS	8672