Answer / nisha

fixed asset means assets held by entity for producing goods
&services in the ordinary couse of business &not intended
to be sold during normal courses of business.where as
capital asset include fixed asset & long tern assets held
as investments

Answer / shivani shirish veerkar

capital asset means tangible asset which cannot be easily
converted into cash & held for a long time where as fixed
asset means tangible asset which can be converted into cash
foe a long time.

Answer / kaushik

fixed assets refer to immovable assets like Buliding,PLANT
& MACHENERY. IN OTHER SIDE CAPITAL ASSETS REFER TO MOVEBLE
ASSETS LIKE STOCK, BOND ETS,SHERE, PREF SHERE

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