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Fixed Assets, PP&E and Accumulated Depreciation
Links to further reading on depreciation
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equipment, buildings, land, and
other things of that nature.
0:00
Sometimes on financial statements, these
will be listed out as separate line items,
0:03
or you might just see property and
equipment.
0:08
Another common acronym related
to fixed assets is PP&E,
0:11
which stands for property,
plant, and equipment.
0:16
With PP&E, we see a return of gross and
net terminology.
0:19
Gross PP&E and net PP&E,
what's the difference?
0:24
When you buy a piece of machinery,
you have a cost that you paid for it,
0:29
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