Accountancy, asked by reyansh441, 6 months ago

Question 6. What is meant by fixed capital account?​

Answers

Answered by SaniyaR
1

Answer:

In national accounts, fixed capital is conventionally defined as the stock of tangible, durable fixed assets owned or used by resident enterprises for more than one year. This includes plant, machinery, vehicles and equipment, installations and physical infrastructures, the value of land improvements, and buildings.

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Answered by Trisha420
0

Explanation:

বাংলা এ ফলাফল

In national accounts, fixed capital is conventionally defined as the stock of tangible, durable fixed assets owned or used by resident enterprises for more than one year. This includes plant, machinery, vehicles and equipment, installations and physical infrastructures, the value of land improvements, and buildings.

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