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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › IAS 41 and Bearer Plants
Hi!
1) Tea bushes
2) Vines
3) Fruit trees
I have a doubt whether these three items should be classified under IAS 41 Agriculture or classified as bearer plants and treated as PPE?
Hi,
Under the updated rules then they would fall under IAS 16 as they are bearer plants.
Thanks
Thanks.