Fixed Assets List
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Fixed Assets List
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Fixed Asset List Template
2 Fixed or Non Current Assets Non current assets are assets that cannot be easily and readily converted into cash and cash equivalents Non current assets are also termed fixed assets long term assets or hard assets Examples of non current or fixed assets include Land Building Machinery Equipment Patents Trademarks December 04, 2023 What are Examples of Fixed Assets? Fixed assets are items that are expected to provide a benefit to the purchasing organization for more than one reporting period. When acquired, these items are recorded in a fixed asset account.
Fixed Assets List
Fixed Assets ListFixed Assets: Property, plant, and equipment: $300,000: $250,000: Less: Accumulated depreciation ($50,000) ($40,000) Net property, plant, and equipment: $250,000: $210,000: Intangible assets: 75,000: 70,000: Total Fixed Assets: $325,000: $280,000: Total Assets: $475,000: $405,000: Liabilities and Equity Current Liabilities: Accounts payable . Fixed assets include property plant and equipment PP E and are recorded on the balance sheet with that classification While a company may also possess long term intangible assets such
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Fixed Assets List
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