# ASC 610-30-30: Other Income — Gains and Losses on Involuntary Conversions — 30 Initial Measurement

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/610/30/#30-initial-measurement)

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## ASC 610-30-30: 30 Initial Measurement

[Read section](https://asc.understandingaccounting.org/asc/610/30/#30-initial-measurement)

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##### [610-30-30-1](https://asc.understandingaccounting.org/asc/610/30/#610-30-30-1)

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The cost of subsequently acquired nonmonetary assets shall be measured by the consideration paid and not be affected by a previous transaction.