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Subjects>Business>Accounting

Is fixed asset a current asset?

Updated: 4/28/2022

Wiki User

∙ 11y ago

Best Answer

fixed deposit is an assets

Wiki User

∙ 11y ago

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Q: Is fixed asset a current asset?

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Continue Learning about Accounting

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

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 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 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

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