Question

Fixed Assets are held by business for ______​

Answer 1

Answer:

Hey there this is your answer...!!!

Fixed assets are held by business for *

Fixed assets are held by business for *A fixed asset is bought for production or supply of goods or services, rental to third parties, or use in an organization. The term “fixed” translates to the fact that these assets will not be used up or sold within the accounting year.

Explanation:

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Answer 2

Answer:

it is also known as PPE.

it is held because for production and supply of goods.

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