Homework Sourseproperty plant and equipment are categorized as property pla
property, plant, and equipment are categorized as
property, plant, and equipment are categorized as
Solution
Answer:
Property, Plant and Equipment are categorized as \"Fixed Assets\" in the Asset Section of the Balance Sheet.
Property, Plant and Equipment are Non Current Assets which includes Building, Plant, Vehicle, Land etc. Some of these Fixed Assets are subject to Depreciation, while some are not subject to Depreciation which are Land etc.
