___ assets are those assets, which are acquired and held permanently in the business for future benefits, eg: plant and machinery, land and building, etc.

Fixed

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Current

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Long term assets

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None of these

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Solution

The correct option is A
Fixed

Fixed assets are those assets, which are acquired and held permanently in the business for future benefits, eg: plant and machinery, land and building, etc.

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___ assets are those assets, which are acquired and held permanently in the business for future benefits, eg: plant and machinery, land and building, etc.

The correct option is A Fixed Fixed assets are those assets, which are acquired and held permanently in the business for future benefits, eg: plant and machinery, land and building, etc.

The correct option is A
Fixed

Fixed assets are those assets, which are acquired and held permanently in the business for future benefits, eg: plant and machinery, land and building, etc.