Question

What are long-term fixed assets?

Answer 1

Long-term assets additionally called fixed or capital resources are those a business can hope to utilize, supplant as well as convert to cash past the ordinary working pattern of something like a year. They are regularly utilized for quite a long time.

Also read:

• Difference Between Assets and Liabilities
• What Are Current Assets?
• What Is a Fixed Asset?
• Fixed Assets Vs Current Assets