Question

what are fix Assets and what are the types of fix assets

Answer 1

Answer:

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

Fixed assets or long-term assets. ...

Tangible assets. ...

Intangible assets. ...

Operating assets. ...

Non-operating assets. ...

Liability.