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1. Discuss the following statement The principle issues in accounting for property, plant and equipment are the recognition of the assets, the determination in their

1. Discuss the following statement

"The principle issues in accounting for property, plant and equipment are the recognition of the assets, the determination in their carrying amounts and the depreciation charges and impairment losses to be recognised in relation to them

2. Discuss the differences between capital and revenue expenditure from an accounting perspective.

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