Subjects>Law & Government>United States Government

What is differentaite fixed asset from current asset?

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.

Wiki User

∙ 11y ago

What else can I help you with?

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

What is the name of the song in the Mirage Love commercial? What earlier decision did the US Supreme Court case Brown v. Board of Education overturn? What does it mean when they say uncle Sam is a personification of the US? What is 'spiking the football'? How many people receive public assistance in nc? How does Jefferson's reaction to the decision in Mar bury vs. Madison compare to Hamilton's description of the judicial branch? What are the roles of a president in an organization? What are navy seal ROM drills? What are the four years Franklin D. Roosevelt was elected president? What nicknames does Lalaysah Washington go by? Can men in the Marine Corps wear makeup in civilian attire? Did Richard Nixon like black people? Who tried to assassinate Theodore Roosevelt? Who ran with John Kerry as Vice President in 2004? Do women serve on active duty? What president violated the 22nd amendment? When a firms revenue from sales exceeds its cost of production it will earn? Which headline could have accompanied the election of Andrew Jackson as president? How do you think Thomas Jefferson behavior as president might have affected the way future presidents viewed the office? How many reps does New York have in the House of Reps in the US Congress?