Meaning of Property, Plant, and Equipment

How we at Bookkeeping Support Define the Meaning of Property, Plant, and Equipment :

PP&E are tangible items that are used in business activities, recorded at cost, and written off over the course of their useful lives.

How AI Define the Meaning of Property, Plant, and Equipment :

Property, Plant, and Equipment: Physical assets with a useful life of more than one year used in business operations.

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