Which of the following are classed as fixed assets?HishamI. DebtorsII. Plant and machineryII. Cash in bankIV. Buildings (owned by the company and not leased)(ii) and (iii) are fixed assets(i) and (ii) are fixed assetsO All of them are classed as fixed assetsO None of then are classed as fixed assets(ii) and (iv) are fixed assetsActivate WindGata Sertion toPage 19 of 20Previous PageNext Page36°C如 )圈近

Fixed asset indicating a long term usable assets that cannot converted quickly into cash. There are…

Which of the following are classed as fixed assets? I. Debtors II. Plant and machinery III. Cash in bank IV. Buildings (owned by the company and not leased) O (ii) and (iii) are fixed assets (i) and (ii) are fixed assets All of them are classed as fixed assets

Which of the following are classed as fixed assets? I. Debtors II. Plant and machinery III. Cash in bank IV. Buildings (owned by the company and not leased) O (ii) and (iii) are fixed assets (i) and (ii) are fixed assets All of them are classed as fixed assets

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Which of the following are classed as fixed assets?
Hisham
I. Debtors
II. Plant and machinery
II. Cash in bank
IV. Buildings (owned by the company and not leased)
(ii) and (iii) are fixed assets
(i) and (ii) are fixed assets
O All of them are classed as fixed assets
O None of then are classed as fixed assets
(ii) and (iv) are fixed assets
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