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What is the Difference between Current Assets and Fixed
Assets and how would you classified it
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Answer Posted / vijay gupta
current assets ia an assets which can be easily convertible
in to cash with in a shorter duration. This is important
that these assets can be created from ordinary, investing
or financing activities.
Fixed assets are those which arises from investing
activities of the enterprises so that benefits can be taken
regularly for a longer period.
| Is This Answer Correct ? | 23 Yes | 8 No |
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