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Annual Report for Monroe County Water Authority Date: 04/16/2019 Status: CERTIFIED Date: 03/27/2019Fiscal Year Ending: 12/31/2018 Governance Information (AuthorityRelated) Question 1. Has the Authority
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Section 2800 of PAL refers to the specific section of the Philippine Accounting Standards that relates to Property, Plant, and Equipment.
All companies and organizations that have Property, Plant, and Equipment are required to file section 2800 of PAL.
Section 2800 of PAL should be filled out by detailing the information related to Property, Plant, and Equipment, such as acquisition cost, depreciation method, useful life, and accumulated depreciation.
The purpose of section 2800 of PAL is to ensure that companies accurately report and account for their Property, Plant, and Equipment in accordance with the Philippine Accounting Standards.
Information such as acquisition cost, depreciation method, useful life, and accumulated depreciation of Property, Plant, and Equipment must be reported on section 2800 of PAL.
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