As per the accounting what do you mean by Fixed Assets?
Answer / gravi
A long-term tangible piece of property that a firm owns and
uses in the production of its income and is not expected to
be consumed or converted into cash in the current or
upcoming fiscal year.Fixed assets are sometimes
collectively referred to as "plant". Buildings, real
estate, equipment and furniture are good examples of fixed
assets. Generally, intangible long-term assets such as
trademarks and patents are not categorized as fixed assets
but specifically referred to as "fixed intangible assets".
| Is This Answer Correct ? | 1 Yes | 0 No |
Is Advertising expences treated as capital expenditure or deffered revanue expenditure
What is a bad credit score?
What is he difference between OD account and CC account
what is the difference between billable and nonbillable expenses?
Decrease in the amount of Debtors result in 1.Increase in cash 2.Decrease in Cash
What is the method to set the Credit limit for Customers in Business?
WHAT IS PORTFOLIO MANAGEMENT?
how to do journal???
Please send the all account interview question to me
1 Answers State Bank Of India SBI,
Expand ------MEF
what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?
What's the meaning of Preferential Creditor?