define fixed assets
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assets are those which are purchased for a long term use and are not likely to be converted into cash or things such such a as lands , buildings​ and so.e other equipments..
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fixed assets are those assets that are acquired for continued use and not for resale . they may be tangible assets like land , buildings , plants and machinery , features and fixtures except ra or . intangible assets like goodwill , parents ex.
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