cynamonspice28
Feb 25, 2008, 11:29 AM
When dealing with noncurrent assets what is the difference between land as noncurrent and land held by a real estate?
SeanF138
Feb 26, 2008, 10:16 AM
Land held by a real estate includes land and anything else that is not removeable such as buildings, sheds, houses, etc... So Land as noncurrent is just the physical land minus the buildings and such.
MaggieMouse
Feb 29, 2008, 08:37 AM
And land does not depreciate, but building does.