Tags Business Accounting and Bookkeeping Accounts Payable

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Business>Accounting

Is gold is fixed asset or current asset?

Updated: 9/22/2023

Wiki User

∙ 11y ago

Best Answer

Current asset

Wiki User

∙ 11y ago

This answer is:

More answers

Wiki User

∙ 12y ago

current

This answer is:

Add your answer:

Earn +20 pts

Q: Is gold is fixed asset or current asset?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Accounting

Is a desk a fixed asset or a current asset?

A fixed asset.

Is cafe a current asset or fixed asset?

Current asset.

Is prepaid insurance a current asset or fixed asset?

Current Asset

Is fixed asset a current asset?

fixed deposit is an assets

Can a fixed asset become a current asset?

yes

Related questions

Is a desk a fixed asset or a current asset?

A fixed asset.

Is cafe a current asset or fixed asset?

Current asset.

Is prepaid insurance a current asset or fixed asset?

Current Asset

Is fixed asset a current asset?

fixed deposit is an assets

Is car a fixed asset or current asset?

fixed assest

Is a car a current asset?

no, it is a fixed asset..

Fixed deposit is fixed asset or current assest?

A fixed deposit in the name of a firm is not a fixed asset.

Can a fixed asset become a current asset?

yes

Why do amount of vehicles appear in non-current assets and current assets?

Vehicle is a fixed asset so it should be shown in fixed asset list and not in current asset list.

Fixed assets to current asset ratio?

fixed assets / current assets

Is current asset the same as a fixed asset?

Current asset is that asset which is utilizable within one fiscal year of business while fixed asset is that asset which is utilizable for more than one fiscal year of business.

Why do amount for vehicle appear under non current asset and current asset?

Because it's a fixed asset

Trending Questions

What is the name of one company that can provide an online payroll service? What does they annual expense ratio mean? Who is liable for tax return mistakes? How do you claim mileage donated to a non profit? When does the army internal control plan have to be updated? Income tax is considered to be which type of tax? What is the result if the amount of net income of the year is less than the amount of dividends? How much would a copy of Quickbooks Premier cost? What does net 15 payment terms mean? A firms long term assets equals 75000 total assets equals 200000 inventory equals 25000 and current liabilities equals 50000? Do increases in accrued expenses increase or decrease cash flow? What does it mean when a check bounces? How do you establish which cardholder accounts a specific amount validation control (avc) applies to? Should you file your income tax forms based on your last pay check? Briefly describe the history of accounting? What is a role of an accountant to the to the cocoa industry? How do you exempt tax refunds? Limitations of marginal costing? Address to mail form 941 if you are from Wisconsin? What is the difference between gross payment and net payment?

Still have questions?

imp

Previously Viewed

Is gold is fixed asset or current asset?

Resources

Top Categories

Product

Company

Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.