Question

Machinary work plant equipments new technology building are examples of which type of assets

Answer 1

Answer:

Fixed assets

Explanation:

Answer 2

Fixed Asset:

• Fixed assets are long-term tangible assets that businesses employ to generate revenue.
• Fixed assets, which have a useful life of more than one year, offer the firm long-term financial gain.
• Fixed assets, often known as capital assets, are represented on the balance sheet by the terms Property, Plant, and Equipment.
• Fixed assets are difficult to transform into cash.