what do you mean by fixed asset?
- 25 Answers
- 27711 Views
- Baba Group, Capital IQ, Orchid, I also Faced
- E-Mail Answers
Answer Posted / mohd misbah mohiuddin
Irrespective of nature and type of business, there are two
types of Assets. They are fixed assets and Current Assets.
Current assets are those assets which can be easily
converted into cash within a period of generally say one
year. Fixed Assets are those assets which can be touched,
felt and can be seen. The Benefits of fixed assets can be
derived more than one accounting period i.e, the benefit
can be derived for more than 12 months. Examples of Fixed
Assets are Plant & Machinery, Furniture, premises, Vehicles
etc.,
| Is This Answer Correct ? | 18 Yes | 0 No |
Post New Answer View All Answers
duties of bank finance manager
payroll calculation procedure explain completely?
how i got knowledge about custom and excise i want rate list of custome and excise how we summit return of custom and excise , Is it include with ser. tax
Whether construction of office cum storage comes under CMA under Agriculture or Non Farm Sector
What is meant for GR form, which is used in export of goods without of payment of duty ? For what purpose we use it ? Should merchandise exporter use it ?
what is duties and responsibilities for clark working in sbi
what is the use of special general ledger if the normal trasaction in usage.
why do think you are best candicate for this post.
what are the steps used in UAT in Oracle Apps?
What is Free Cash?
What is Acquisition?
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected
emplementation of accounting standerds in Bangladesh, developing or copieng?
what are the different kinds of cash books
can any body help me with a copy of (any month/year) bank reconsilation statement,udai_skumar@yahoo.com
