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Question
Is Stationery a Fixed Asset?
Is Stationery a Fixed Asset?
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Solution
Stationery will be considered as an asset if someone is dealing in stationeries, while it can be considered as an expense if someone is buying it for the business.
Also read:
- Fixed Assets Vs Current Assets
- Intangible Assets
- Tangible Assets
- Difference Between Assets and Liabilities
Stay connected with BYJU’S for more such questions and answers on various commerce topics.
Stationery will be considered as an asset if someone is dealing in stationeries, while it can be considered as an expense if someone is buying it for the business.
Also read:
- Fixed Assets Vs Current Assets
- Intangible Assets
- Tangible Assets
- Difference Between Assets and Liabilities
Stay connected with BYJU’S for more such questions and answers on various commerce topics.
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