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Accountancy

What is meant by qualifying asset??

MAHESH VASUPALLI

CA Inter

★ 98K+

06-Oct-24 16:11

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Answers (3)

Best Answer

It is an asset which takes substantial period of time to be ready

vamsi krishna

CA Inter

★ 43K+

06-Oct-24 16:14

vamsi krishna

It is an asset which takes substantial period of time to be ready

Substantial period means

Thread Starter

MAHESH VASUPALLI

CA Inter

★ 98K+

06-Oct-24 16:15

Thread Starter

MAHESH VASUPALLI

Substantial period means

Usually 12 months, it depends on situation

vamsi krishna

CA Inter

★ 43K+

06-Oct-24 16:16

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