Accountancy, asked by ketanagarwal2265, 1 month ago

why building is not wasting asset?​

Answers

Answered by Harshuarmy
0

Answer:

Buildings are listed at historical cost on the balance sheet as a long-term or non-current asset. Buildings are subject to depreciation or the periodic reduction of value in the asset that is expensed on the income statement and reduces net income.

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