Fixed assets are long-term, tangible resources, such as property and equipment that are used in a company's operations. These assets are classified as long-term and tangible because they are not intended for resale and are hold value.
A fixed asset is an item/asset that can or does generate income/revenue and its value does not flutuate in the short term.A fixed cost is an expense that is repetative such as your real estate tax...
assets are anything that a business HAS. like...anything, a desk, a chair, employees, machinery, delivery vehicles...ANYTHING that they have that is tangible that will help them produce revenue.
Fixed deposit is under fixed assets. Under fixed assets, there are 3 category that is tangible fixed assets (land, machinery, dll), intagible fixed assets (pattern, franchise, dll) and investment...