Please use this identifier to cite or link to this item: http://repository.kln.ac.lk/handle/123456789/12211
Title: Recognition of Non-Current Assets
Authors: Nawaneliya, M.M.A.E.
Wijesinghe, K.D.G.N.
Issue Date: 2016
Publisher: Department of Accountancy, University of Kelaniya
Citation: Nawaneliya, M.M.A.E. & Wijesinghe, K.D.G.N. 2016. Recognition of Non-Current Assets. Case Studies in Accounting “Bridging the Gap”, 03: pp. 104-105. Department of Accountancy, Faculty of Commerce and Management Studies, University of Kelaniya, Sri Lanka.
Abstract: ABC (Pvt) Ltd. is a member of PQR Group which can be categorized under Service industry. ABC (Pvt) Ltd. offers civil construction, mechanical engineering, electrical engineering and other specialized engineering services. Company has a separate section which is called as CNC Mold section. It has a large CNC Mold Machine with the special Steel floor and high power supply Transformer. The company considered steel floor and transformer are components of the CNC machine and the company Statement of Financial Position has shown the cost of machine with the cost of steel floor and high power supply Transformer.
URI: http://repository.kln.ac.lk/handle/123456789/12211
Appears in Collections:Volume 03 - 2016

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