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The question is a bit confusing, however if you mean "a" shed, as in used for storage or even some companies purchase sheds to use as an office building, then YES it is a Fixed Asset.

A fixed asset (also known as Long-Term Asset or Property, Plant, & Equipment [PP&E] are used in accounting for assets or property that can not be easily converted to cash.

Unlike Current assets such as Cash, Merchandise, Accounts Receivable, which usually can be converted into cash rather quickly.

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12y ago

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