Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the fixed assets of a business are: generall

The fixed assets of a business are: Generally capital assets throughout their holding period. Generally not capital...

50.1K

Verified Solution

Question

Accounting

The fixed assets of a business are:

Generally capital assets throughout their holding period.

Generally not capital assets.

Generally are held for investment.

Generally are held for personal use.

None of the above.

Answer & Explanation Solved by verified expert
4.0 Ratings (610 Votes)
A The fixed assets of a business are generally capital assets throughout their holding period For business a capital asset is an asset that has a useful life longer than one year and is not intended for    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Chemistry
1.2K views

What kind of interaction can threonine and asparagine form? Would this interaction be likely to form...

Chemistry
1.2K views

The following data is available for a solution of lysozyme. Lysozyme (g/L) Osmotic Pressure (mmHg) 4.06 4.4 6.13 6.5 8.18 8.65 10.42 10.75 12.26 12.55 14.26 14.55 16.31 16.3 18.38 18.35 20.44 20.15 Determine the molar...

Medical Sciences
1.2K views

Using the information on the introduction to activity 2, how do conditions such as emphysema and...

Biology
1.2K views

22 If you are driving and see a pedestrian carrying a visible white cane you...

Physics
1.2K views

A resistor with resistance 10 MQ is connected in series with capacitor with capacitance 1...

Geometry
1.2K views

Homework The university administration has asked a g for improvement over the next year The...

Statistics
1.2K views

Use the results from a survey of a simple random sample of 1281 adults Among...

Algebra
1.2K views

A company manufactures 2 different types of garden sheds The manufacturing time required per shed...

Accounting
1.2K views

Assets 7/31 Bal. \$ Aug. 1 4 9 15 19 23 26 31 8/31 Bal....

Accounting
1.2K views

On July 1, 2019, the first day of its 2020 fiscal year, the Town of...

Accounting
1.2K views

In this final excel assignment you will develop a bar inventory sheet for your restaurant....

Accounting
1.2K views

What forecasting technique makes use of written surveys or telephone interviews