In this lesson, we go through a thorough example of how to do a Property, Plant and Equipment Note (PPE Schedule) from beginning to end. We explain what PPE is and why we do it and key points on completing the PPE. You will also get to understand the Property Plant and Equipment Format. Our example goes through the following sections:
1) Carrying value at the beginning of the period (Cost and accumulated depreciation)
2) Movements during the year (Additions, disposal, and depreciation)
3) Carrying value at the end of the period (Costs and accumulated depreciation)
Straight Line Method vs Diminishing Balance Method: • Straight Line Method vs Diminishing B...
Depreciation terms explained: • Understanding Depreciation Terms
Check out other straightforward examples on our channel.
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