Fixed Assets - EBS (MOSC)

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Reinstate retired costs on an asset from previous fiscal year?

edited Feb 4, 2013 3:42PM in Fixed Assets - EBS (MOSC) 3 commentsAnswered ✓
Hello,

An asset was partially retired in error from a previous fiscal year. Can I add the costs back on the asset and make journal entries to counter the retirement journals? Is there a better way to do this? I know I cannot reinstate the retirement. Thanks for any insights you can provide!

-Emily O'Mara

Louisville Water Company

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