What is the Difference between Current Assets and Fixed
Assets and how would you classified it
- 19 Answers
- 100104 Views
- GET Engineering Construction, I also Faced
- E-Mail Answers
Answer Posted / sham
The basic difference between current assets and fixed
assets is given below:
Current assets are flexible in nature, easy to convert in
money for company on the other hand Fixed assets are those
assets which are Fixed in nature, not easy to convert in
money for company.
Classification:
Current assets:
Cash in hand and at bank
Stock in hand
Sundry Debtors
Loans & Advances
Fixed Assets:
Land and Building
Furniture and Fittings
Tools and tackles
Plant and Machinery
Computers & Laptops
Printers etc.
| Is This Answer Correct ? | 14 Yes | 7 No |
Post New Answer View All Answers
What is final audit?
What are the different advantages and disadvantages of internal audit?
what percent of wages calculate from sales of a firm (registered under manufacturing of machinery spares) sales (appr)- RS.10000000/-
What techniques used during an audit?
Explain different functions of internal audit?
HOW TO DO LEDGER SCRUTINY?
How to do an internal audit effectively?
Explain how to do an internal audit effectively?
What does an internal audit charter contain?
Audit strategy based
Define decommission liability?
Please send me rbi previous exam paper with ans for group B at aparna_majumder@ymail.com
Why a company or firm should carry out the audit related work.
Explain the importance of evaluating an internal audit department?
What is the mean of decommission liability?
