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What is plant assets?
Machinery is called the plant asset which is utilized to make production of units of product to earn revenue.
Is depreciation on plant and machinery part of conversion cost?
yes. The plant is used in the manufacturing process and tehrefor it is a direcct cost d
Where to report cash restricted for plant expansion?
current asset
Why do assets lose value?
Some assets lose its value like plant and machinery as they lose its power and they are known as fixed assets
The 4 subdivisions of plant assets?
Plant assets, also known as property, plant, and equipment (PP&E), can be divided into four main subdivisions: land, buildings, machinery and equipment, and vehicles. Land includes the company's real estate holdings. Buildings encompass structures used for business operations. Machinery and equipment cover tools and machinery needed for production. Vehicles pertain to any company-owned transportation assets. These subdivisions help businesses categorize and manage their long-term assets efficiently, making it easier to track, maintain, and assess their value and usefulness over time.
How are the values for perpetual bonds and preference shares determined?
VALUATION OF BONDS & SHARESPrinciple underlying valuation: Value of any asset is the discounted value of the future steams of benefit expected from the asset.Introduction A ssets can be real or financial; securities like shares and bonds are called financial assets while physical assets like plant and machinery are called real assets .The concepts of return and risk, as the determinants of value, are as fundamental and valid to the valuation of securities as to that of physical assets.
What is the rate for plant and machinery as per income tax?
15%
Is used plant machinery as reliable as new plant machinery considering the previous owner was responsible?
Assuming the previous plant owner was responsible, and kept up with routine preventive maintenance, used machinery can function as well as new. There are limitations; for example, anything used in a slurry service will have to be rebuilt at the very least.
What assets comes under the head of plant?
Machinery, land and building are normally comes under head of plant.
What are plant systems?
fruits
What is plant assets?
Machinery is called the plant asset which is utilized to make production of units of product to earn revenue.
Where does one recycle used plant machinery?
Any metal or scrap yard locally will accept plant machinery. Some people just discard it in the garbage pile. It really is a matter of choice on the consumers part.
What are the components of plant capacity?
amount of machinery and equipment / size of factory building
Why do a ploughman's furrows need to be straight?
to plant properly for the harvesting machinery. Otherwise you will waste part of your crop as the combines wont be able to funnel it into their machinery.
What is plant fitter?
A mechanic who works on heavy plant machinery, Bulldozers, JCB's etc A plant Fitter can be an Electrical Plant Fitter, a Mechanical Plant Fitter and they are many other types of Plant Fitter, the Plant can be mobile machines such as Diggers, Caterpillar, Excavators or Stationary production or Energy Power Generators and not necessarily heavy, it can also be small machines but yes mostly to do with machinery of some kind.
Which part of the plant prepare food?
Green Stem
To prepare and use the land for raising crops?
You have to prepare the soil by tilling it, and then you can use the land to plant crops.
