See Also: Accounting Depreciation Accelerated Method of Depreciation Double Declining Method Depreciation Straight Line Depreciation Chart of Accounts (COA) Standard Chart of Accounts Asset Disposal In accounting, the fixed asset definition or non-current assets definition is a long-term tangible asset. You can also call fixed assets non-current assets, long-term assets, or property, plant and equipment (PP&E).
Tag: tangible asset
See Also: Accelerated Method of Depreciation Double Declining Method Depreciation Straight Line Depreciation Amortization Fixed Assets – NonCurrent Assets Balance Sheet Contra Asset Account Accounting Depreciation Definition The accounting depreciation definition is the allocation of the cost of a tangible asset over its useful life. The idea is to match the cost of the asset to