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Answer Posted / ramchandra
There are two types of assets
1-fixed Asset
2-Current Asset
=These are Fixed Assets which the company buys for a long
time.they are not owend for a short Period of time.for Example
Land building Goodwill Furniture Vehicle Fixtures&
=these are the asset the value of which keeps flucuting as
short the company
deal regulary with them.or These are asset which we have
short period of time known as current assets. For exa
loan stock investment.
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