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advanced financial accounting powerpoint presentation in this presentation we will discuss the depreciable asset transfer in other words a transfer intercompany transfer with the context of our consolidation process in essence a transfer from parent to subsidiary or subsidiary to parent get ready to account with advanced financial accounting in prior presentations we talked about the transfer of land and we talked about the transfer of inventory so the depreciable assets are going to be similar to the transfer of land but now weve got that added depreciation were going to have to deal with so its going to be similar to the transfer of land except that depreciation adds a level of complexity because we are now dealing with an asset that has a changing value over time so were going to have to deal with the depreciation the accumulated depreciation thats going to be involved in the original kind of sale that takes place because when theres a sale we have something we have two accoun