Is a Computer a Fixed Asset?

Open in App

Solution

A computer is regarded as a fixed asset for the business as it serves the business for the long term.

Also read:

Difference Between Assets and Liabilities

What Are Current Assets

What Are Non Current Assets

What Is a Fixed Asset

Stay connected with BYJU’S for more such questions and answers on various commerce topics.

Suggest Corrections

Similar questions

If book value of a fixed asset equals to market value or sale proceeds of a fixed asset then :

Join BYJU'S Learning Program