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Earn +20 ptsQ: Can a fixed asset become a current asset?
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A fixed asset.
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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.
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?
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