Nisha sharma Asked a Question
March 18, 2021 1:53 pmpts 30 pts
st of items of PPE comprises: less trade discounts Purchase price, including import duties, non-refundable purchase taxes, less trade discom duties, non-refundable purchase taxes, rebates. to be ue Costs directly attributable to bring the asset to the location and condition necessary for it to in a manner intended by management. Initial estimates of cost of dismantling/decommissioning, removing, and site restoration USI value if the entity has an obligation that it incurs on acquisition of the asset or as a result of restoration at pres the asset other than to produce inventories. AS-29 prescribes the discounting of such provistong provision is made at present value by applying pre-tax discount rate. mples of directly attributable costs include: nualued in the construçtion or acquisition of an asset
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  • Rucha rajesh shingvekar
    An item of property, plant and equipment that qualifies for recognition as an asset should be measured at its cost. The cost of an item of property, plant and equipment comprises: ...
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  • Ronak kumari upadhyay thankyou
    In most cases when a company acquires certain types of long-term assets, it has an obligation to remove these assets after the end of their useful lives and restore the site. Most ...
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    Nisha sharma
    restore the sites? mean??
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