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investment property vs PPE

This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.

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April 14, 2021 at 12:59 pm #617619
Noah098
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sir if a company holds property but does not know its use, then how is it categorised? investment property or PPE?
April 14, 2021 at 3:49 pm #617636
Stephen Widberg
Keymaster
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Investment property if you intend to hold it for investment purposes.
If you buy land and buildings you would have some reason in mind. 🙂
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