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What is meant by “Gross block” with respect to a firm?

Accounting Cost Accounting Financial Reporting Financial Accounting Financial Management
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Question ajoutée par VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.
Date de publication: 2014/09/15
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Sara Naeem
par Sara Naeem , Trainee Finance officer , Wah Brass Mill

Gross block means the total value of all assets which a firm owns.

Mohammed Salim Allana
par Mohammed Salim Allana , Compliance and Assurance Manager , United Arab Bank

The gross block of a firm is the sum of total of all assets of the company valued at their cost of acquisition inclusive of the depreciation that has to be charged on each asset.

FITAH MOHAMED
par FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

Gross block  is:The total value of all of the assets that a firm  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. 

georgei assi
par georgei assi , مدير حسابات , المجموعة السورية

And the study of the behavior of the economy, such as a single block total output gross profit total payments total unemployment

Malik Khalid Mahmood
par Malik Khalid Mahmood , Regional Finance Manager , Leosons International FZ LLC

Total Economic Resources like All Assets

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