2007-03-25 07:20:50 · 3 answers · asked by rozzie617 1 in Business & Finance ➔ Other - Business & Finance
The income statement is used to report the profitability of the company. It is the statement of income and expenses and sometimes referred to as the profit and loss statement.
The value of a company's Property, Plant and Equipment is not elements of income or expense therefore do not appear on the Income Statement.
The value of a company's Property, Plant ane Equipment is an element of the Assets of the company. Assets are reported on the Balance Sheet of a company's accounting statements.
2007-03-25 07:35:38 · answer #1 · answered by Anonymous · 0⤊ 0⤋
No, its listed on the balance sheet. Its an asset.
2007-03-25 07:28:12 · answer #2 · answered by 2007_Shelby_GT500 7 · 1⤊ 1⤋
usually I think it is
when you get the annual report it tells you those things
also the 10Ks, quarterly, free and online, will tell you what you want to know
2007-03-25 07:25:48 · answer #3 · answered by Anonymous · 0⤊ 1⤋