nattoothman nattoothman

21-11-2019
Mathematics

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A characteristic of a plant asset is that

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huntreed2530 huntreed2530

25-11-2019

Answer:A plant asset is an asset with a useful life of more than one year that is used in producing revenues in a business's operations.

Step-by-step explanation:

Plant assets are also known as fixed assets. Plant assets are recorded at their cost and depreciation expense is recorded during their useful lives.

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