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What else can I help you with?
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
Is plant and machinery an asset or liability?
Plant and machinery are considered assets because they are tangible resources owned by a business that are used in the production of goods or services. These assets typically have a useful life extending beyond one year and contribute to the company's operations and revenue generation. They are recorded on the balance sheet and can depreciate over time.
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
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.
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.
Who was the buyer of equipment from auction at Delphi Wichita Falls plant?
The buyer of equipment from the auction at the Delphi Wichita Falls plant was a company called "Gordon Brothers," a financial services firm specializing in asset valuation and disposition. They acquired the assets as part of the liquidation process following Delphi's bankruptcy and restructuring efforts. The auction included various manufacturing equipment and machinery that had been used in the plant's operations.
What is plant assets?
Machinery is called the plant asset which is utilized to make production of units of product to earn revenue.
What assets comes under the head of plant?
Machinery, land and building are normally comes under head of plant.
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 is machinery and plant?
Machinery and plant refer to the equipment and structures used in industrial operations for manufacturing, processing, or construction. Machinery encompasses machines that perform specific tasks, while plant typically refers to the overall facilities and installations, including buildings and infrastructure, where these machines operate. Together, they play a crucial role in enhancing productivity and efficiency in various industries.
Which part of the plant prepare food?
Green Stem
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.
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.
Are seed leaves important to a plant?
yes, they prepare food for the whole plant through photosynthesis.
