Property, plant and equipmentForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Property, plant and equipmentThis topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts August 29, 2016 at 9:14 am #335927 tayyabumerParticipantTopics: 7Replies: 7☆In a question, I was given timber land $ 71000 and land $72000 and many other items. I was to put them under heading of PP&E. But when I checked my answer, the manual put timberland under the heading of PP&E and did not put land. Why? August 29, 2016 at 1:30 pm #335989 John MoffatKeymasterTopics: 57Replies: 54520☆☆☆☆☆It is because land on which timber is growing is a depreciating asset (because it is worth less as the timber is used).However there is no way ‘timber land’ will be examined in paper F3.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In