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Fixed Asset Update Form Stevens

Fixed Asset Update Form Stevens

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Instructions and help about Fixed Asset Update Form Stevens

a fixed asset is something you would recognize in your balance sheet under fixed assets an example of a fixed assets can be a car computers laptops Machinery if you're an engineering firm alive or if you're a construction worker it could be a digger but basically this asset is going to last more than one year and where you would normally buy something and that'll be a cost in your profit loss account this is initially recognized in your balance sheet as a fixed asset I would say regardless of whatever your size of business is don't start recognizing fixed assets that are under 250 pounds I think it's just not worth it

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