Excluded Assets currently on balance sheet - Seller Personal Vehicle?

by a searcher from Michigan State University

1 year ago

Seller has asked to exclude his current personal vehicle from the sale. This vehicle shows on the balance sheet as an asset. Is this common? Any advice on how to account for it?

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4 comments

searcher from Michigan State University

Thanks for the help!

11 months ago | like reply | 0 likes

intermediary from The University of Chicago - Booth School of Business

Yes, this is common. Often there are many things under "Excluded Assets".

1 year ago | like reply | 1 like

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