wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

What are long-term assets?


Open in App
Solution

Fixed assets, otherwise called tangible assets or property, and long-term assets, machinery, and plant, is a term utilized in representing resources and property that can only with significant effort be changed over into cash.

Also read:


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Fixed Capital and Working Capital
BUSINESS STUDIES
Watch in App
Join BYJU'S Learning Program
CrossIcon