Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is the Difference between Current Assets and Fixed
Assets and how would you classified it

Answer Posted / tpai

current asset can be seen as an asset which can be easily
converted to cash ,it is always ready to be convretd.
example cash at bank , gold ,stocks etc while fixed asset
is a long term investment that can cannot be easily
converted to cash for in instance you can wake up one
morning and decide to collect all the money in your accout
which will be given to you by the bank peacefully without
stress but you can"t easily sell your machnery because it
there to serve the company for a specific period of time
because if that is done the company might fold or might
have to borrow inorder to continue the day to day opreation
of the business .other examples of fixed asset are land
furntures and fittings etc

Is This Answer Correct ?    10 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What does an internal audit charter contain?

1184


How to reconcile GST Tally and GST Portal ?

2476


How to involve people in audit?

1129


i need to pay around $90000 to Mr.R and the agreement clause says that any amount payable as tax are not included in the amount.So how much i need to deduct TDS...??

4019


What is the purpose of meeting in audit?

1150


Should the duty of creating a purchase order be segregated from the duty of creating a vendor?

2244


whta is the current SBAR? Please provide the past rates from 1st january 2011 to till date.

2362


What are intangible assets?

1147


hi friend i have selected in ssc cgle as accountant in audit department. can anyone tell about the work of accountant in audit department?

2317


What is vouching?

1253


What should the internal auditor?

1044


What is audit trail in siebel?

1204


central exices

2344


what is the difference you can make by doing your course in the country of your choice

2244


please tell me how to take the stock of goods in Tally ERP9 in case of Useing FORM F (Company Sent the Stock Send me against Form 38 & after sale He want from me FORM F ) Thank U

2332