WHAT IS THE MAIN DIFFERNCE BETWEEN CURRENT ASSESTS AND FIXED ASSESTS?

WHAT IS THE MAIN DIFFERNCE BETWEEN CURRENT ASSESTS AND
FIXED ASSESTS?

Question Posted / ajinkya kamble

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WHAT IS THE MAIN DIFFERNCE BETWEEN CURRENT ASSESTS AND FIXED ASSESTS?..

Answer / kunal

Current assest are those asset which can be converted into cash with in.a year or less..fixed asseset are those assestfor long period like builfing,land,house..these are fixed assest...

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WHAT IS THE MAIN DIFFERNCE BETWEEN CURRENT ASSESTS AND FIXED ASSESTS?..

Answer / dr. saurabh verma

hy,,, current assets are those assets which can be converted into cash with in a year or less....
Fixed asstes are for long term,,,,value of which can be obtained after the wind up of the company or the expiration of that asset

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