会计第五章property,plant and equipment20121125课件.pptVIP

Chapter 5Property, Plant, and Equipment Li Ming 2013.12 Characteristics of Property, Plant, and Equipment Be held for use and not for investment; Have an expected life of more than one year; Be tangible in nature; do not change their physical characteristics. Idle land or buildings? Goodwill or patents? Determining the Cost of Plant and Equipment A plant asset as a stream of services to be received by the owner over a period of years. A building as advance purchase of many years supply of housing services. These services are utilized and the cost of the plant asset is transferred into depreci