English, asked by vijayankitasingh2003, 3 months ago

Explain difference B/W Current & fixed Assets.​

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Answered by aadil1290
68

Current assets are short-term assets that are typically used up in less than one year. Current assets are used in the day-to-day operations of a business to keep it running. Fixed assets are long-term, physical assets, such as property, plant, and equipment (PP&E). Fixed assets have a useful life of more than one year..

Answered by Anonymous
25

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