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6 December, 01:00

Give two examples of a fixed asset

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  1. 6 December, 01:10
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    Examples of fixed assets are land and building. That's your answer.
  2. 6 December, 01:29
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    They are not readily liquid and cannot be easily converted into cash. They are not sold or consumed by a firm; instead, the asset is used to produce goods and services. Fixed tangible assets must have physical existence. Examples of fixed tangible assets include buildings, machinery, equipment, land and furniture.
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