Fixed Assets Question:
Download Questions PDF

What are fixed asset?


fixed asset are assest which gives the business future benfife

Fixed assets are those which are tangiable in nature and is not meant for sale in the near future and from which future benefits are derived.

Fixed Assets are those which are tangible and used for running the day to day business which are owned. As they are utilised for business, we save a part of the profit earned in the business to replace these Assets when they worn out.

Download Fixed Assets Interview Questions And Answers PDF

Previous QuestionNext Question
Tell me what are the journal entries which get passed from asset purchasing to asset retirement?what is fectitious assets?
what is ment by cash book and day book and general leder?
Employee salary deductions under section of the income tax act of india?