Types of fixed asset in accounting

How many kinds of fixed asset are there in accounting? What are they?

E

Expert

Verified

The immovable assets are termed as fixed assets.

There are five types of fixed assets are there as:

•    Land 
•    Plant & Machinery 
•    Vehicles 
•    Buildings 
•    Furniture

   Related Questions in Financial Accounting

©TutorsGlobe All rights reserved 2022-2023.