Question

_assest which are held for countinous uses in the business for the purpose of producing goods or services and are not melt for sale.
CLASS - XI
SUBJECT- Accountancy​

Answer 1

Answer:

Fixed Assets

Explanation:

These are those assets that are hold for the long term and increase the profit earning capacity and productive capacity of the business. These assets are not meant for sale, for example, land, building machinery, etc.