land　

land　土地，地产　

Land owned for productive use is referred to as a fixed asset account（not subject to depreciation due to its un-wasting nature）and is listed under the equipment，land，and plant subheading in a balance sheet.It is recorded at its purchase price plus legal and development costs（such as for surveying，draining，excavation，filling，and grading）.Land held for investment is listed under investments；a real estate firm，however，may list it under inventory.See also land development and land improvement.