Accountancy, asked by ry0470512, 1 month ago

what is fixed assets?​

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Answered by mrgoodb62
2

Answer:

Fixed assets, also known as long-lived assets, tangible assets or property, plant and equipment, is a term used in accounting for assets and property that cannot easily be converted into cash. Fixed assets are different than current assets, such as cash or bank accounts, because the latter are liquid assets

Answered by sangeetasasaane
0

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