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مشاهدة النسخة كاملة : ?what is the difference between long term assets and fixed assets



محاسب متخصص
03-10-2014, 08:01 AM
?WHAT IS THE DIFFERENCE BETWEEN LONG TERM ASSETS AND FIXED ASSETS




Long Term Assets are those assets which provide benefit to the business for long time. For example, if we invest some money in any scheme for three years, it will be our Long Term Asset. Fixed assets are those assets, which are subject to depreciation. These assets provide benefit too for longer period of time but these assets are depreciated with the passage of time.