Difference between revisions of "Property Plant and Equipment"
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Wiki admin (talk | contribs) (Created page with " Category:Balance Sheet Balances") |
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+ | == Definition == | ||
+ | '''Property Plant and Equipment''' are [[Non-current Assets]] that: | ||
+ | * (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and | ||
+ | * (b) are expected to be used during more than one period. | ||
+ | |||
[[Category:Balance Sheet Balances]] | [[Category:Balance Sheet Balances]] |
Revision as of 15:50, 12 April 2021
Definition
Property Plant and Equipment are Non-current Assets that:
- (a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and
- (b) are expected to be used during more than one period.