The company A has a subsidiary B ...B has a property that rents to c and c is also another subsidiary of A ...
So is this classified as investment property or ppe
Ask the Tutor ACCA SBR
Investment property
5y ago#1In B's FS - IP
In group FS - PPE
The company A should classify as Ppe rgt....
5y ago#3A does not own it so is not in A's FS at all.
But, in A's GROUP FS, PPE, as you say. it will be PPE.
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