Accountancy, asked by kaminapratik091, 5 months ago

Self constructed assets should be
valued on the basis of

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Answered by Anonymous
2

Answer:

If an entity chooses to construct an item of property, plant & equipment using its own resources, then the cost of such self constructed asset will be determined as the cost of the asset which is constructed by the entity for sale in the normal course of the business under IAS 2, i.e. it will be the sum of Material, ...

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