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Zoo Accounting

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yolande | 10:54 Mon 23rd Apr 2007 | Business & Finance
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Would you capitalise the animals in a zoo or expense them?
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Avatar Image dee5
It depends how much you had to pay for them and how long they were going to live.
11:08 Mon 23rd Apr 2007
Avatar Image ROLCAM
I would definitely Capitalise them as ASSETS.

rolcam
12:00 Mon 23rd Apr 2007
Avatar Image Black Noir
Are we dealing with Tortoises or Hamsters here?

I am leaning towards capitalising them - actually do zoos pay for their animals or do they just swap them about until we get them just above extinction level again?
12:08 Mon 23rd Apr 2007
Avatar Image buildersmate
Well, as they get close to extinction, that's surely increaases the rarity value, so the assets are worth more. A bit like fine wine.
22:07 Mon 23rd Apr 2007

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