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Click to chatThe fixed asset s cost and the updated accumulated depreciation must be removed The cash received must be recorded The difference between the amounts removed in 2 and the cash received in 3 is recorded as a gain or loss on the sale of the fixed assets Example of Entries When Selling a Plant Asset Assume that on January 31 a company sells
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Click to chatWith a solid background in mining and related industries Equipment Placement have the knowledge and experience to offer educated and cost effective solutions in support of mobile and fixed plant FOR SALE OR HIRE If there s a particular piece of equipment or
Click to chatUtilising the knowledge of a combined 40 years industry experience in the sales rental leasing and maintenance of commercials vehicles RM Commercials are buyers and sellers of all Commercial Vehicles Trailers Cars and Vans.
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Click to chatMechanical Dredgers Mechanical Dredgers use a bucket clamshell or other mechanical means to scoop the material from the bottom If the material cannot be discharged close to the dredger then it must be stored for subsequent transport.
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Click to chatIND As 16 1.04.2015 or 1.04 2016 as the case may be At the time of transition in same way carrying value on 31.03.2015/16 can be taken as deemed cost and have to depreciate in balance no of years Depreciable value can be Carrying value as 31.03.2015/16 5 of Gross Value.
Click to chatEffluent Treatment Plant Effluent Treatment Plant or ETP is one type of waste water treatment method which is particularly designed to purify industrial waste water for its reuse and it s aim is to release safe water to environment from the harmful effect caused by the effluent Industrial effluents contain various materials depending on the industry.
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Click to chata property plant and equipment classified as held for sale in accordance with AASB 5 Non current Assets Held for Sale and Discontinued Operations b biological assets related to agricultural activity other than bearer plants see AASB 141 Agriculture This Standard applies to bearer plants but it does not apply to the produce on bearer
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Click to chatFixed assets are crucial to any company Apart from being used to help a business generate revenue they are closely looked at by investors when deciding whether to invest in a company For example the fixed asset turnover ratio is used to determine the efficiency of fixed assets in generating sales.
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Click to chatMatec Plant UK Ltd specialises in the sales of Crushers Screeners and all types of heavy plant and Construction Machinery We supply to customers ranging from main contractors in the construction industry End Users in the Quarrying Demolition Recycling sectors.
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