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If a part was being transported became damaged, would this part be considered (prior to...

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Accounting

If a part was being transported became damaged, would this part be considered (prior to damage) an asset? and would this then need to be recorded as an expense instead?

If a replacement part were ordered, if the useful life of this part was 12 months or more, is it correct to assume that it would be considered a fixed asset and be able to be classified under equipment and depreciated over the course of its useful life?

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