Cal. Code Regs. tit. 2 § 1111.10

Current through Register 2024 Notice Reg. No. 41, October 11, 2024
Section 1111.10 - Fixed Assets

Purchases of fixed assets are charged as current expenditures of the fund from which purchased. Costs of fixed assets owned are carried in the General Fixed Asset Group of Accounts. Definitions and accounting procedures are those contained in "Accounting for General Fixed Assets."

Cal. Code Regs. Tit. 2, § 1111.10