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What are Fixed Assets?

Thursday, February 7, 2019, 6:24 PM

Fixed assets are the material assets owned by a company that are used to generate revenue for the company. These are the long-term-assets that cannot be readily converted into cash. Fixed assets include Land and Buildings, Plant and Machinery, Equipment (from office equipment to heavy operating machinery), vehicles, fixtures, and other assets that can reasonably be assumed to have a life expectancy of several-years.
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What is share capital?

Tuesday, October 23, 2018, 10:30 AM

The Joint Stock Company is a big form of business organization. The amount required by the company for its business activities is raised by the issue of shares. The amount so raised is called 'Share Capital' of the company. It may be noted that a company limited by shares will have share capital. The persons who buy the shares of company are called 'Shareholders'.

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