Which of the following is considered property, plant, and equipment on a classified stability sheet?
A)Investment in Intel Corporation stock
B)Copyright
C)Supplies
D)Land
Answers:
Land is immovable property and this is asset also. as per fair practices, the lands value cannot be revalued until Corporate unlock it value (mostly by seeling and/or by significance addition)
Investment in INTEL Corporatation is Asset class property and value of this Assets get revalued periodically
Copy right is a good will nature and asset class - advantage additon increases its value - otherwise it is static. at the time of unlocking the value (transfer or Dutch auction of copy right) its real value is reflect in the Balance sheet.
Supplies - if you presume it is plant and machinery - it is an asset calss - as per fair practice, the utility comes down because of depreciation.
Supplies - if you presume it is raw materials, consumables, etc., they cannot be treated as Asset class property. It has influence contained by Balance sheet under Asset class.
D) Land
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B)Copyright
C)Supplies
D)Land
Answers:
Land is immovable property and this is asset also. as per fair practices, the lands value cannot be revalued until Corporate unlock it value (mostly by seeling and/or by significance addition)
Investment in INTEL Corporatation is Asset class property and value of this Assets get revalued periodically
Copy right is a good will nature and asset class - advantage additon increases its value - otherwise it is static. at the time of unlocking the value (transfer or Dutch auction of copy right) its real value is reflect in the Balance sheet.
Supplies - if you presume it is plant and machinery - it is an asset calss - as per fair practice, the utility comes down because of depreciation.
Supplies - if you presume it is raw materials, consumables, etc., they cannot be treated as Asset class property. It has influence contained by Balance sheet under Asset class.
D) Land
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