Other Assets – Ford Online Accounting Manual

Assets

OTHER ASSETS		ASSET ACCOUNT
		1830

ACCOUNT EXPLANATION
TRANSACTIONS
COMMENTS

ACCOUNT EXPLANATION

Cost of assets acquired for which specific accounts are not provided elsewhere in this Manual, including assets not used in the automobile business. Includes the cost of securities that are not readily marketable.

TRANSACTIONS

			Jrnl.	Dr.	Cr.

Land acquired for future expansion			CD
	Other Assets			1830
		Cash in Bank—General			1001

Purchase of share in club			CD
	Other Assets			1830
		Cash in Bank—General			1001

COMMENTS

Subsidiary records should support this account.
Income from assets in this account should be recorded in Account 9300, Other Income. Applicable expenses should be recorded in Account 9450, Other Deductions.