What is Fixed Asset? | Fixed Assets Explained with Examples | Finance Basics #fixedassets #shorts
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What is Fixed Asset? | Fixed Assets Explained with Examples | Finance Basics #fixedassets #shorts
What is a Fixed Asset? 🤔 Fixed Assets are long-term tangible assets used in business to generate income — like machinery, buildings, vehicles, and equipment. They are not bought for resale and usually stay in the business for more than 1 year 🔍 Examples of Fixed Assets Land & Building Machinery & Tools Vehicles Furniture & Computers ...
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