Quarry is an Inventory or PPE?

Chanaka, H.A.D.; Thilakarathne, P.M.C.

dc.contributor.author	Chanaka, H.A.D.
dc.contributor.author	Thilakarathne, P.M.C.
dc.date.accessioned	2016-03-17T05:45:46Z
dc.date.available	2016-03-17T05:45:46Z
dc.date.issued	2016
dc.identifier.citation	Chanaka, H.A.D. & Thilakarathne, P.M.C. 2016. Quarry is an Inventory or PPE?. Case Studies in Accounting “Bridging the Gap”, 03: pp. 95-96. Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka.	en_US
dc.identifier.uri	http://repository.kln.ac.lk/handle/123456789/12207
dc.description.abstract	PQR Construction (Private) Limited (“Company”) is a limited liability company incorporated and domiciled in Sri Lanka. During the year, the principal activities of the Company were undertaking construction contracts. Mainly they construct the roads & water projects. Year ended 31/03/2015 PQR LTD purchased a land which includes Quarry and that Quarry has been recognized as an inventory in their accounts. But according to the LKAS 16 (Property, Plant & Equipment) it should be recognized as a Property, Plant & Equipment.	en_US
dc.language.iso	en	en_US
dc.publisher	Department of Accountancy, University of Kelaniya	en_US
dc.title	Quarry is an Inventory or PPE?	en_US
dc.type	Article	en_US