Statutes, codes, and regulations
Washington Administrative Code
Title 388 - Social and Health Services, Department ofDEVELOPMENTAL DISABILITIES SERVICESChapter 388-835 - ICF/ID program and reimbursement system
GAINS AND LOSSES ON RETIRED ASSETS
Section 388-835-0550 - How are gains and losses calculated when a tangible asset is retired?

Wash. Admin. Code § 388-835-0550

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Current through Register Vol. 24-12, June 15, 2024
Section 388-835-0550 - How are gains and losses calculated when a tangible asset is retired?

When a tangible asset is retired, the difference between the assets undepreciated base and any proceeds received from its retirement is considered a gain or loss on retirement.

Wash. Admin. Code § 388-835-0550

Statutory Authority: RCW 71A.20.140. 01-10-013, § 388-835-0550, filed 4/20/01, effective 5/21/01.