Meaning of Property Plant & Equipment

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..... ; and are expected to be used during MORE THAN ONE PERIOD. A bearer plant is a LIVING PLANT (E.g., Banana tree) that: is USED in the production or supply of AGRICULTURAL PRODUCE; is expected to bear produce for MORE THAN ONE PERIOD; and has a REMOTE LIKELIHOOD of being SOLD AS AGRICULTURAL PRODUCE {except for incidental scrap sales}. Cost of Property, Plant Equipment: .....

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