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How to Account for Fixed Assets: Revision history

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21 March 2023

  • curprev 08:1608:16, 21 March 2023 Lukegao1 talk contribs 2,122 bytes +2,122 创建页面，内容为“ Fixed assets are long-term assets that are used in a business's operations to generate revenue. Examples of fixed assets include property, plant, and equipment, such as buildings, machinery, and vehicles. Accounting for fixed assets involves several steps to ensure that they are properly recorded, tracked, and valued on a company's balance sheet. Here are the general steps to account for fixed assets: 1. Acquisition: The first step is to record the acquisiti…”
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