answersLogoWhite

0

Subjects>Law & Government>United States Government

What is differentaite fixed asset from current asset?

User Avatar

Anonymous

∙ 11y ago
Updated: 11/10/2022

Current assets are those which are usable within one fiscal year while fixed assets are usable for morethan one fiscal year.

User Avatar

Wiki User

∙ 11y ago
Copy

What else can I help you with?

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 fixed asset a current asset?

fixed deposit is an assets


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.

Trending Questions
Where do you record a note receivable due in 18 months on a balance sheet? What is the name of the town near area 51? What are representative particles? Did Andrew Johnson ever run for president? Participation Occurs when the leader cooperates in providing assistance or resources to carry out a directive or request? What is the current salary for a retired US President? Does a bank account number contain a bank code? What is the secret code name of the us army that killed Bin Laden? What is a bench trail? What does the Herbert Hoover Act say regarding veterans allowed time off for VA appointments? What was the New Hyde Park school destrict required to do after the Court's decision? When is the Oregon deadline to register to vote? How do you spell parachute? Who was John F Kennady? If you are out of town on election day you may apply ahead of time for a? What are the guidelines for sharing storing and recording information in health and social care? What is the role of the head of state in a parliamentary democracy? What is the value of a 357 Smith and Wesson Highway Patrolman ser? When was Defense Information Systems Agency created? When was George Wasington born?

Resources

Leaderboard All Tags Unanswered

Top Categories

Algebra Chemistry Biology World History English Language Arts Psychology Computer Science Economics

Product

Community Guidelines Honor Code Flashcard Maker Study Guides Math Solver FAQ

Company

About Us Contact Us Terms of Service Privacy Policy Disclaimer Cookie Policy IP Issues
Answers Logo
Copyright ©2025 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.