what do you mean by fixed asset?

Answers were Sorted based on User's Feedback



what do you mean by fixed asset?..

Answer / rupa

fixed assets or those assets,which are acquired for use
over relatively long periods for carring on the operations
of the firm and they are orinarily not meant for resale.
eg:land,buildings,plant machinery,patents and copyrights.

Is This Answer Correct ?    2 Yes 0 No

what do you mean by fixed asset?..

Answer / ajay prathap

Tangible Assets used in the business that are of a permanent
or relatively fixed nature are called fixed assets

Is This Answer Correct ?    2 Yes 1 No

what do you mean by fixed asset?..

Answer / rajesh

Fixed asset is an asset which is acquired for long term
benfits

Is This Answer Correct ?    1 Yes 0 No

what do you mean by fixed asset?..

Answer / rajesh

fixed asset is an asset whis is used by the company for
manufacturing goods or providing services and not for
intended sale

Is This Answer Correct ?    4 Yes 4 No

what do you mean by fixed asset?..

Answer / sudha

Fixed asset is an long term asset.It is main profit of the
many companies.fixed assets are
buildings,furniture,machinary,lands,

Is This Answer Correct ?    2 Yes 2 No

what do you mean by fixed asset?..

Answer / fixed asset

fixed assets are nothing but a pizza without a stuffed
chicken layer.i went to tuition yesterday but later found
taht my cycle tyre got punctured.
this is called fixed asset.

Is This Answer Correct ?    3 Yes 3 No

what do you mean by fixed asset?..

Answer / jiten koli

fixed assets are those fixed assets which can be use for
long term which cannot easily convered into cash, example
of fixed assets vehicles,machinery,building,plant etc,

Is This Answer Correct ?    1 Yes 1 No

what do you mean by fixed asset?..

Answer / rajesh

fixed asset is an asset which is benfitioable to over
aperiod of time.

Is This Answer Correct ?    0 Yes 0 No

what do you mean by fixed asset?..

Answer / ravichandra

Fixed assets means an asset which are having long life and
which are useful for long term basis is called as a fixed
asset such as plant&m/c, building, furniture etc

Is This Answer Correct ?    1 Yes 2 No

what do you mean by fixed asset?..

Answer / vadlakondav

A long-term, tangible asset held for business use and not
expected to be converted to cash in the current or upcoming
fiscal year, such as manufacturing equipment, real estate,
and furniture. also called plant.
This content can be found on the following page:

Is This Answer Correct ?    1 Yes 2 No

Post New Answer

More Accounting AllOther Interview Questions

Expand---------DEP

2 Answers  


what is a contra entry how it is passed in journal and cashbook

5 Answers  


How many accounting standards in india

2 Answers  


• Where does closing stock appears in the trial balance?

3 Answers   BNY Mellon, Mellon,


Is WCT paid to be considered as overhead during costing in construction firm?

0 Answers  






what is contigent liability and state some examples also.

3 Answers  


meaningofderivative?

8 Answers   UBS,


diiffrence b/w provsion & reserve

7 Answers  


Accounting records only transactions which are expressed in ---------------------

1 Answers  


Why do call p&la/cas a P&l a/c ?, why not P{or}L a/c

13 Answers   Bank Of America, JPMorgan Chase,


method of preparing the trial balance ?

2 Answers  


What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.

0 Answers  


Categories