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What is the Gross Block?

What is the Gross Block?

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Question added by Poonam Malla , Admin and Finance Officer
Date Posted: 2016/12/21
Essam Abdullaziz
by Essam Abdullaziz , Senior Retail Manager , Savola company

The total value of all of the assets that a company owns. Value is determined by the amount it cost to acquire these assets, and it is not decreased to take into account the effects of depreciation.

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