properties bought for resale under IAS 2
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- Posts: 2
- Joined: 02 Apr 2020, 21:45
properties bought for resale under IAS 2
If a company buys buildings with the intention of selling them as part of its regular business operations, would those buildings typically fall under the accounting standard known as IAS 2—Inventories?
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- Posts: 2
- Joined: 02 Apr 2020, 21:45
Re: properties bought for resale under IAS 2
Thank you very much, I appreciate it