What is the Difference between Current Assets and Fixed
Assets and how would you classified it
Answer Posted / kkrao1983
hi, this is koteswara rao.
current assets means we can easily convert into cash with
in short time( with in one year).that is called currenct
assets.
example:cash in hand, bank a/c, stocks etc
fixed assets: it will take some time to convert into cash,
it will take depends on the assets.
ex: land, mationary,building etc
| Is This Answer Correct ? | 36 Yes | 12 No |
Post New Answer View All Answers
i have to finalize a mineral water co. for the year 2014-15 and i want to know that what will be rate of excise duty on sale of mineral water.
What are objectives of internal audit?
Explain what are the different functions of internal audit?
Discuss the factors to be considered by the auditor in order to determine an audit strategy.
What is statutory audit?
which type audit for your company account
What is vouching?
please tell me how to take the stock of goods in Tally ERP9 in case of Useing FORM F (Company Sent the Stock Send me against Form 38 & after sale He want from me FORM F ) Thank U
How would you describe your management style
Whats are the importance of evaluating an internal audit department?
What is the difference between internal audit and statutory audit?
Whether interstate purchase of High speed diesel by mines at concessional rate is allowable ?
What is final audit?
What does an internal audit charter contain?
Should the duty of creating a purchase order be segregated from the duty of creating a vendor?