When property, plant, and equipment is transferred within a group, it is not necessary to distinguish between a sale of land and the sale of a depreciable asset.

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When property, plant, and equipment is transferred within a group, it is necessary to distinguish between a sale of land and the sale of a depreciable asset because the accounting treatment for land (a non-depreciable asset) differs from that of depreciable assets.

When Property, Plant, and Equipment Is Transferred Within a Group