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Fixed Assets or PPE
In FY 2017-18 Balance sheet should we show as the name " Fixed Assets" or " PPE" head ?
Replies (4)
fixed assets
no its ppe as per as as well as as per ind as
@ 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..
i wii say it as intangible assets as "ppe" word is basically used for tangible assets
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