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Q: Is furniture and fixtures a liability?
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Are wall finishes and carpet examples of furniture and fixtures?

No, furniture and fixture would be furniture, appliances, lighting fixtures, bathroom fixtures I think, things that are added to the structure.


Is furniture and fixtures a debit or credit?

Furniture is a credit and so is fixtures But furnitures are asset and fixtures are expenses


What furniture and fixtures qualify to put on a financial statement?

Does new windows come under furniture & fixtures?


Are telephones considered furniture and fixtures?

no


Are lockers considered furniture and fixtures?

yes


Who is the industry leader in the manufacture of furniture and fixtures?

Kinetic Concepts Inc. (San Antonio, Texas) was the largest company primarily engaged in the production of furniture and fixtures in this category.


What is the journal entry for extraordinary loss?

If extraordinary loss is on a/c of furniture & fixtures, then instead of crediting purchases, furniture & fixtures should be credited.


Is furnature a liability?

No. Furniture is an asset.


What are the suitable account expense name for furniture's and fixtures?

fixed assets


What is the meaning of FF and E in building construction?

Furniture, Fixtures, and Equipment.


Is electric fan considered furniture and fixtures or office equipment?

In my book a fan is a piece of electrical equipment and not furniture.


What goods do the manufacturers of furniture and fixtures produce?

Nearly half of the industry's shipments are miscellaneous commercial products such as furniture for bowling alleys, factories, and ships, followed by commercial foodservice fixtures and hospital beds