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

Answer Posted / toshif patel

Current Assets are also known as Liquid Assets as it can be
easily ancash like We can easly withdraw many from Bank,
Can Recive mony from Debtors, etc.
But in case of Fixed Assets They can,nt easly Sold out.
becouse they can be inforce of Bussiness more than Year

Is This Answer Correct ?    73 Yes 17 No



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