CAPITAL ASSET: INTERESTING INFORMATION COMPILED BY ER. AVINASH KULKARNI
Saturday Brain Storming Thought (172) 20/05/2023 CAPITAL ASSET Capital assets are tangible and generally illiquid property which a business intends to use to generate revenue and expects its usefulness to exceed one year On a balance sheet, capital assets are represented as property, plant and equipment (PP&E) Examples include land, buildings and machinery Why is […]
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