Which of the following information would not be included, generally, in a fixed asset master file for a piece of equipment?
A) disposal of the equipment during the year
B) copy of the supplier's sales proposal for the equipment
C) date of acquisition of the equipment
D) accumulated depreciation for the equipment

Question

Quizplus · Accepted Answer

A fixed asset master file for a piece of equipment typically includes information such as the date of acquisition, cost, location, depreciation, maintenance history, and disposal information. A copy of the supplier's sales proposal for the equipment is not generally included in this file.

Which of the Following Information Would Not Be Included, Generally