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प्रश्न
Give the word / term or phrase which can substitute the following statement.
Assets which are held in the business for a long period.
एक शब्द/वाक्यांश उत्तर
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उत्तर
Fixed Assets
Explanation: Fixed Assets are the assets which are held in the business for a long period. These assets are not meant for resale; rather, these are used for the production or rendering of goods and services. These assets help the business to earn income. For example, land and building, plant and machinery, furniture, etc.
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