Which one of the following does not come under fixed capital?
Tools
Money in hand
Machines
Building
Answers
Answered by
20
Answer:
I think money in hand is the answer
Answered by
9
Money in hand
Explanation:
- Fixed capital is any actual, permanent asset in business and accounting, which is used again and again in the manufacture of a product. It correlates with resources flowing, such as goods, operating costs and so on.
- Fixed capital is part of a company 's overall capital outlay, invested almost ""permanently or "technically", for more than "one accounting period", in physical assets such as vehicles, equipment, machinery, factories, among others that stay within the company.
- Fixed capital consists of assets which are not consumed/destroyed in the production of a service/good and can be used multiple times
To know more
what is fixed capital class 9 - Brainly.in
https://brainly.in/question/4902789
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