Business Studies, asked by aman91079, 6 months ago

how does fixed assets is financed ​

Answers

Answered by erapavarsha
0

Explanation:

Fixed assets are a non-current asset on a company's balance sheet. ... The balance sheet displays the company's total assets, and how these assets are financed, through either debt or equity. Assets = Liabilities + Equity and cannot be easily converted into cash.

Answered by chocolate90
10

Explanation:

Fixed assets are a non-current asset on a company's balance sheet. ... The balance sheet displays the company's total assets, and how these assets are financed, through either debt or equity. Assets = Liabilities + Equity and cannot be easily converted into cash.

Fixed assets—also known as tangible assets or property, plant, and equipment (PP&E)—is an accounting term for assets and property that cannot be easily converted into cash. The word fixed indicates that these assets will not be used up, consumed, or sold in the current accounting year. ... Fixed assets are capitalized.

Similar questions