How we record cost of land purchesed for construction?

Asked May 15, 2010
Property, plant, and equipment (fixed assets or operating assets) compose more than one-half of total assets in many corporations. These resources are necessary for the companies to operate and ultimately make a profit. It is the efficient use of these resources that in many cases determines the amount of profit corporations will earn.
Answered May 03, 2019
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Answered Nov 15, 2019

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