Dictionary » Letter F » furniture and fixtures
Long-term assets that are reported under the classification of property, plant, and equipment on a company's balance sheet. These assets are depreciated over their useful life.
| » For more clarity on this term: |
← Go Back |
Take our accounting exams online (1,660 questions) when you join AccountingCoach Pro. |
![]() |
Receive our popular 15-page Cheat Sheet at no cost when
you join our free newsletter: