The text version of this report displays the three ARO balance sheet accounts: ARC asset, ARC accumulated depreciation, and ARO liability. Each account lists the beginning balance, additions, activity, revisions, removals, and ending balance. The accretion and depreciation expenses are the activity for liability and accumulated depreciation, respectively. A separate column shows any gains or losses for additions, revisions, and terminations.
In the spreadsheet report, ARO information is shown on a separate tab. For each balance sheet account, ARC asset, ARC accumulated depreciation, and ARO liability, the report presents the beginning balance, additions, activity (none for asset), revisions (none for accumulated depreciation), removals, and ending balance.
ARO activity is listed on the journal entries report following normal lease activity. You can report this by lease or by individual ARO.
The data you have entered for your AROs, including calculated results (such as the estimated after-inflation cost of removal), are displayed.