Interested to Buy Any Domain ? << Click Here >> for more details...
what do you mean by fixed asset?
- 25 Answers
- 34124 Views
- Baba Group, Capital IQ, Orchid, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / pardeep kaushik
assets which are purhased for long term use by the company
are called fixed assets. they are only sold in such
position when they become useless or operation of new
technique .
| Is This Answer Correct ? | 1 Yes | 2 No |
Answer / jai sankar
Asset Acquired for income generation, but not for resale
are called fixed asset. The benefit from them is derived
for a longer period than one year. (e.g.) Machinery.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / pradeep gunuguntla
The asset which we can not move from one place to another
place is called fixed asset.
Features of fixed asset:
it must be in the form of physical shape
it must be in fixed nature.
it must provides benefits to the business
it must be purchased for the use of business not for re sale.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / chandu
yes sir, fixed assets are those assets, which are having
fixed nature and these assets we cant move from one place
to another palce.
which are fixed to land,
fixed assest stays forever in the business,
fixed assests are main resourse to the business,
which are purchased use of business but not resales.
| Is This Answer Correct ? | 0 Yes | 2 No |
Answer / rajesh
fixed assets are those assets which held by business not
meant for resale
| Is This Answer Correct ? | 0 Yes | 3 No |
what is the difference between debenture and shares
A sample book on interviews is ready for free circulation with 7 chapters i.e Journal entries helpful for various occassions,Terminology,Abbreviations,Test your terminology,Multiple answers, Fill in blanks and Income tax send your requisition for Free Book Immediately to satyaki_raju@yahoo.co.in
Why trade discount is not recorded in the books of account?
duties of bank finance manager
What is Sensex? What is Nifty ? Difference between these two
123 Answers Aban Offshore, Birla Sun Life, BSE, Capston, CTS, FII, Fortune, ICFAI, ICICI, IFCI, JPMorgan Chase, Max Newyork Life Insurance, Oil India, Religare, RMS, Satyam, TATA, TCS, Tiwari Enterprises, UIT, Wipro, XYZ,
Whether is there vacancy for the post of Accountant?
what is the accounting treatemnt for issuing material to a subcontractor on recovery basis?
what is purchase consideration? How does it come about and how is it treated in the books?
diffrence between the profit center and business area
Expand P P F
Please send me full details of MIS report how to prepare which item to be consider in MIS report? 2) full details of Esic, PF and Fbt and maharashtra labour welfare fund
what is reconciliation ?
Audit 
