If a new cost is incurred related to an asset that is considered to enhance that, either by extending the useful life or increasing the efficiency, the fixed asset accountant must make sure the appropriate adjustments are made to the fixed asset subsidiary ledger.

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When a new cost is incurred related to an asset that enhances it, adjustments need to be made to the fixed asset subsidiary ledger by the fixed asset accountant to reflect the extended useful life or increased efficiency.

If a New Cost Is Incurred Related to an Asset