Fixed Assets or PPE
Manish S Thingalaya (student) (430 Points)
28 May 2018
In FY 2017-18 Balance sheet should we show as the name " Fixed Assets" or " PPE" head ?
4 Replies
Manish S Thingalaya
(student)
(430 Points)
Replied 03 June 2018
@ sahil if u say that its PPE, what should consider 'software' ? earlier it is intagible fixed assed. but as per present AS 10 intangible assets were not PPE..
sahil
(student)
(127 Points)
Replied 03 June 2018
i wii say it as intangible assets as "ppe" word is basically used for tangible assets
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