Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / chandrasekhar hota
Fixed Assets are acquired for use over relatively long
periods for carrying on the operations of the firm and they
are ordinarily not meant for resale.
Eg-: Land, Building, Plant, Machinery, Patents and
Copyrights.
Current Assets are, however, the cash or other resources
which have high liquidity within the operating cycle of the
firm. Current Assets are usually held for a short period of
time as against fixed assets which are held for longer
period of time.
Eg-: Cash, Debtors, Inventories, Loans & advances, and Pre-
paid expenses.
| Is This Answer Correct ? | 19 Yes | 1 No |
Post New Answer View All Answers
Share your views on Plastic currency?
How successful is the Make in India initiative taken by the government?
What is devaluation and depreciation of currency?
What do you know about the Banking Sector?
In case if someone forgets his id and password, what to do?
Name the authority that mint coins in india and also name the places where the minting operation is processed?
Suggest me where i can do certification course on capital management/wealth management through distance in and around Bangalore.
How can NPA be reduced?
WHAT AMOUNT TAKEN IF THE COMPANY GET ASSET FREE?
What is time liability?
What is an ATM?
What do you know about various Wildlife Sanctuaries.
Give the difference between cheques and demand draft?
Can Bankruptcy Help Get My California Driver's License Back?
How would you estimate American Airline's annual revenue?
