Accountancy/Depreciation/Property, plant, and equipment

IFRS system definition:

According to paragraph 6 of IAS 16: Prpety plant and equipment are tangible items that:
 * a) are held for use in the production or supply of goods or services, for rental to others, or for administrative purposes; and
 * b) are expected to be used during more than one period.


 * Associate cost: paragraph 17
 * Inclusion:
 * Exclusion:

Allocation the cost based on fair values, for example. A acquire furniture and buildings for 15000 and 90000, while the total cost are 90000 in actual. Allocate to each asset
 * furniture 15000/105000*90000
 * land 90000/105000*90000

The cost model
tge depreciation methods : straight-line