Property, Plant and Equipment - Acquisition on a Cash Basis (Basket Purchase of PPE)

Learn to record journal entries for basket purchase of property, plant and equipment on a cash basis.

Time stamps:
00:00 Introduction
04:34 Problem Solving

Reference: Intermediate Accounting Volume 1 by Sir Conrado T. Valix, Sir Jose F. Peralta, and Sir Christian Aris M. Valix

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Basic Accounting Playlist:
https://www.youtube.com/watch?v=vKRz4krHrww&list=PLl-IwImaCVm7FDTaw6Xh5urQM9HYWFRau

Partnership and Corporation Accounting Playlist:
Partnership: https://www.youtube.com/watch?v=oh6gewWpt80&list=PLl-IwImaCVm5nGgG-k4FmlEwLMzbfQdpF

Corporation: https://www.youtube.com/watch?v=bfyH0boL8FA&list=PLl-IwImaCVm5il_cN30ViZqzfg1a3ljNs

Conceptual Framework and Accounting Standards Playlist:
https://www.youtube.com/watch?v=xvaLRjGlKqI&list=PLl-IwImaCVm4ZrqGWvef5Rv8olqW25BF3

Intermediate Accounting Playlist:
https://www.youtube.com/watch?v=b0oYfUTm0bw&list=PLl-IwImaCVm7M573mrA5x7GBDujXs1c1b

Accounting for Special Transactions (Advanced Accounting) Playlist:
https://www.youtube.com/watch?v=oh6gewWpt80&list=PLl-IwImaCVm6dbAtsehw3fM7FvVPFOqC0

Cost Accounting Playlist:
https://www.youtube.com/watch?v=VpHvz7DT3-I&list=PLl-IwImaCVm5dNllGaoKHUonEO8ydw9nP

Management Advisory Services Playlist:
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