Leases of land and buildings For leases of land and building, the land and buildings elements are considered separately for the purpose of lease classification and these leases are classified as operating or finance leases in the same way as leases of other ...
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Tagged As: Accounting policy, lease of buildings, lease of land, sample accounting policy
Revenue From Forrest Logging Revenue from forrest logging is measured at the fair value of the consideration receivable and is recognised in the income when the rights of logging have been transferred to logging contractors.
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Tagged As: forrest logging income, logging income, revenue recognition, sample accounting policy