Q. Property, Plant and Equipment are defined as, (Solved)

1. Tangible assets held for sale in the ordinary course of business

2. Tangible assets held to earn rental or for capital appreciation or both

3. Tangible assets used in the process of production or supply of goods or services or for rental to others

4. None of the above

  • c. Tangible assets used in the process of production or supply of goods or services or for rental to others
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