Food items, computers are example of
1) Current asset
2)Financial asset
3)Fixed asset
4)Tangible asset
right option is???
Answers
Answer:
Fixed asset is the right answer
Explanation:
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Answer:
Food items, computers are example of1) Current asset.
Explanation:
Step : 1 Manufacturing equipment, fleet vehicles, buildings, land, furniture and fixtures, automobiles, and personal computers are a few examples of fixed assets. Property, plant, and equipment (PP&E) are classified as fixed assets and are shown as such on the balance sheet.
Step : 2 Examples of Assets
Cash and cash equivalents.
Accounts receivable (AR)
Marketable securities.
Trademarks.
Patents.
Product designs.
Distribution rights.
Buildings
Step : 3 Current, non-current, physical, intangible, operating, and non-operating assets are examples of common asset kinds. Land, machinery, vehicles, furniture, computer equipment, buildings, and other equipment are a few examples of fixed assets. Depending on how a corporation conducts business, fixed assets can vary. Computer: A tangible asset with a physical presence that is employed as a fixed asset for conducting commercial operations.
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