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The difference between current assets and fixed assets as
follows:
Current assets are flexible in nature, easy to encashable and floating money to company.
Fixed assets are fixed in nature in other words non-moving assets, not easy to encash, and are regularly depreciated.
Classification:
Current assets:
Cash - at hand and at bank
Inventories
Sundry Debtors
Advance and Deposits
Fixed Assets:
Land and Building
Furniture and Fittings
Tools and tackles
Plant and Machinery
Computer (including assessories and UPS)
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What is difference between fixed asset and non current asset in detail?
assests means
What is difference between fixed asset and inventory?
What is the difference between fixed asset and inventory
What is difference between fixed asset and non current asset?
Current asset appears first in the balance sheet such as cash, accounts receivable and inventory. Fixed assets are those such as land, buildings, vehicles, furnitures, office equipments. In short, fixed assets are also known as non-current asset. It can also be known as capital assets or plant, property and equipment.
Is a desk a fixed asset or a current asset?
A fixed asset.
Is gold is fixed asset or current asset?
Current asset
What is difference between fixed asset and non current asset in detail?
assests means
What is difference between fixed asset and inventory?
What is the difference between fixed asset and inventory
Difference between net worth and working capital?
Working Capital is the difference between Current Assets and Current Liabilities.Net Worth is Total Assets -Total Liabilities current asset-current Liability=Working Capital working Capital Plus+Fixed Asset-LongTerm Liabilities = Net Worth in another word: (Current Asset+Fixed Asset)-(current Liability+Long Term Liability)= Net Worth Now you got it ?
What is difference between fixed asset and non current asset?
Current asset appears first in the balance sheet such as cash, accounts receivable and inventory. Fixed assets are those such as land, buildings, vehicles, furnitures, office equipments. In short, fixed assets are also known as non-current asset. It can also be known as capital assets or plant, property and equipment.
Is a desk a fixed asset or a current asset?
A fixed asset.
Is gold is fixed asset or current asset?
Current 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
The difference between the balance of a fixed asset account and the related accumulated depreciation account is termed?
Net Fixed Assets is the term used for the difference between the balance of a fixed asset account and the related accumulated depreciation.
Is a car a current asset?
no, it is a fixed asset..
