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what is the difference between liquid asset and fixed asset
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Answer / vinay valmiki
Liquid Asset is cash & Bank Balance or any asset which is
easily and quickly convertable in to cash
whereas Fixed Asset is : Land & Bldg, Machinery, Furniture
or an asset with which a co. does its business
| Is This Answer Correct ? | 16 Yes | 0 No |
Answer / pradeep soni
Liquid asstes like debtors and cash / bank balance and which is movable and fixed assets is that which are unmovable assets e.g. Building, Furniture, etc.
| Is This Answer Correct ? | 7 Yes | 0 No |
Answer / a singh
liquid asset is a current asset like cash,bills
receivable,debtors,temporary ivestment while fixed asset is
fixed in nature like funiture,stock in hand
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / kavithas
liquid assets are nothing but which can be easily converted
in to cash.
fixed assets which cannot be converted in to cash easily.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sachin
liquid assests mean :::::; which assests easylly convertable
into cash like ,stock,bank,debtors and raw material its
other name is current assests ...these assests can be
convert in cash in a short time.
while fixed assest remain fixed in a bussiness like
machinery ,furniture,and computers,
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / dhanalakshmi
Liquid asset are easily convertable in to cash and short
life lik debtors,cash in hand,bills receivables whereas
fixed assets cannot be easily convertable into cash and it
has long life lik land ,building,furniture.
| Is This Answer Correct ? | 0 Yes | 1 No |
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