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Question
What Are Net Fixed Assets on the Balance Sheet?
What Are Net Fixed Assets on the Balance Sheet?
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Solution
Net fixed assets on a balance sheet are net book value of all fixed assets that is determined by subtracting the accumulated depreciation from the total fixed assets.
Also read:
- Fixed Assets Vs Current Assets
- Intangible Assets
- Intangible Assets
- Difference Between Assets and Liabilities
Learn about more questions and answers on business studies and various other commerce topics from our website.
Net fixed assets on a balance sheet are net book value of all fixed assets that is determined by subtracting the accumulated depreciation from the total fixed assets.
Also read:
- Fixed Assets Vs Current Assets
- Intangible Assets
- Intangible Assets
- Difference Between Assets and Liabilities
Learn about more questions and answers on business studies and various other commerce topics from our website.
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