What is Fixed asset? : Abaara fun facts and uncommon knowledge - Fixed asset

Abaara topic: Fixed asset

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Abaara topic: Fixed asset

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Fixed asset

This article or section should include material from Long-term asset

Fixed asset is an accountancy term for assets and property which cannot easily be converted into cash. This can be compared with current assets such as cash or bank accounts, which are described as liquid assets.

Fixed assets normally include items such as land and buildings, motor vehicles, computers, fixtures and fittings, and plant and machinery.

Categories: Accounting | Articles to be merged

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This article is from Wikipedia. All text is available under the terms of the GNU Free Documentation License

Page topic: Fixed asset