From a point of view of time what is the minimum useful life of an asset to be included in the category of "Property, Plant and Equipment"?\ How is land acquired for resale listed on the balance sheet?\ If you stop using a machine and you put it up for sale, how is it listed on the balance sheet?\ List costs in acquiring machinery that is capitalized as part of the basis of this machinery.\ If a business constructs its own building, list costs that are capitalized in computing the cost of this building.\ Lists costs to be capitalized when acquiring land.\ Give an example of repair costs to a fleet of cars that would be expensed.\ Lists costs for a building that would be considered to be capital expenditures.

12. From a point of view of time what is the minimum useful life of an asset to be included in the category of "Property, Plant and Equipment"? 13. How is land acquired for resale listed on the balance sheet? 14. If you stop using a machine and you put it up for sale, how is it listed on the balance sheet? 15. List costs in acquiring machinery that is capitalized as part of the basis of this machinery. 16. If a business constructs its own building, list costs that are capitalized in computing the cost of this building. 17. Lists costs to be capitalized when acquiring land. 18. Give an example of repair costs to a fleet of cars that would be expensed. 19. Lists costs for a building that would be considered to be capital expenditures