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  • The term fixed Assets include :
Multiple choice

The term fixed Assets include :

  1. Stock-in-trade

  2. Cash

  3. Advance payment

  4. Office Furniture

  5. None of these

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Office Furniture can be used for a longer periodand not meant for resale. Hence it is a Fixed Asset.

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