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Leaking Underground Storage Tanks P.O. Box 200901 Helena MT 59620-0901 (406) 841-5000 CAP AC-08 ABBREVIATED ABANDONMENT OF MONITORING WELLS CORRECTIVE ACTION PLAN and BUDGET FORMAT This Corrective

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What is cap ac-08 abbreviated abandonment?

CAP AC-08 abbreviated abandonment is a filing requirement for organizations to report the abandonment of capital assets with costs less than $5,000.

Who is required to file cap ac-08 abbreviated abandonment?

All organizations that have abandoned capital assets with costs less than $5,000 are required to file CAP AC-08.

How to fill out cap ac-08 abbreviated abandonment?

To fill out CAP AC-08, organizations need to provide details about the abandoned capital assets such as the description, original cost, accumulated depreciation, and date of abandonment.

What is the purpose of cap ac-08 abbreviated abandonment?

The purpose of CAP AC-08 abbreviated abandonment is to track the disposal of capital assets with minimal costs to ensure accurate financial reporting.

What information must be reported on cap ac-08 abbreviated abandonment?

The information that must be reported on CAP AC-08 includes the description of the abandoned asset, original cost, accumulated depreciation, and the reason for abandonment.

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