Accountancy, asked by cutie4563, 7 months ago

fixed assets are also known as ?

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Answered by priyanshubrainly90
2

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A fixed asset is a long-term tangible piece of property or equipment that a firm owns and uses in its operations to generate income. ... Fixed assets most commonly appear on the balance sheet as property, plant, and equipment (PP&E). They are also referred to as capital assets..

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Answered by BrainlyAnyu
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Fixed assets most commonly appear on the balance sheet as property,plant and equipment (PP&E).They are also known as capital assets.

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