Examples of Property and Equipment in a sentence
Property and Equipment Property and equipment are stated at cost.
Property and Equipment Property and equipment are recorded at cost.
Property and Equipment Property and equipment are stated at cost less accumulated depreciation.
Per 2 CFR 910.360 (Real Property and Equipment) when a piece of equipment is purchased by a for-profit recipient or subrecipient with federal funds, and when the federal share of the financial assistance agreement is more than $1,000,000, the recipient or subrecipient must: Properly record, and consent to the Department's ability to properly record if the recipient fails to do so, UCC financing statement(s) for all equipment in excess of$5,000 purchased with project funds.
Property and Equipment Property and equipment are carried at cost.