AS -10 (Accounting Standard on Fixed Assets) does not deal with accounting for the following items to which special considerations apply - Study24x7
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Priya Sharma
16 May 2019 09:58 AM study24x7 study24x7

AS -10 (Accounting Standard on Fixed Assets) does not deal with accounting for the following items to which special considerations apply

A

Forests, plantations and similar regenerative natural resources

B

Wasting assets including material rights, expenditure on the exploration for and extraction of minerals, oil, natural gas, and similar non-regenerative resources

C

Expenditure on real estate development and livestock

D

None of the above

MBA/Management Finance/CA Commerce
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