N.Y. Comp. Codes R. & Regs. tit. 10 § 451.140
Current through Register Vol. 46, No. 45, November 2, 2024
The total actual cost incurred in acquiring and preparing a fixed asset for use. This cost includes items, if any, which would be capitalized under generally accepted accounting principles in addition to purchase price; e.g., installation costs.
N.Y. Comp. Codes R. & Regs. Tit. 10 § 451.140