Tell me how do you record PPE and why is this important?
Submitted by: MuhammadThere are essentially 4 areas to consider when accounting for PP&E on the balance sheet: initial purchase, depreciation, additions (capital expenditures), and dispositions. In addition to these four you may also have to consider revaluation. For many businesses PP&E is the main capital asset that generates revenue, profitability and cash flow.
Submitted by: Muhammad
Submitted by: Muhammad
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