# ASC 360-958-30: Property, Plant, and Equipment — Not-for-Profit Entities — 30 Initial Measurement

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/360/958/#30-initial-measurement)

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## ASC 360-958-30: 30 Initial Measurement

[Read section](https://asc.understandingaccounting.org/asc/360/958/#30-initial-measurement)

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##### [360-958-30-1](https://asc.understandingaccounting.org/asc/360/958/#360-958-30-1)

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Similar to items acquired in exchange transactions, the amount initially recognized for contributed property, plant, and equipment shall include all the costs incurred by the entity to place those assets in use. Examples of such costs include the freight and installation costs of contributed equipment and cataloging costs for contributed library books.