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In accounting, inventory is considered a "for sale" asset, plant assets are not.

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Difference between real assets and financial assets?

Real assets are physical assets such as plant, machinary, vehicles, stock/ inventory. Financial assets, are cash, bonds, shares etc., etc.


Financial statements in the early 2000s provide information related to?

hard assets (plant and inventory)


Can you give me a sentence for the word distinction?

A cell wall is the primary distinction between plant and animal cells.


Which is a difference between Plant 2000 and 2001?

Plant 2000 allows more items in inventory; Plant 2001 allows fewer items in inventory


What is difference between fixed asset and non current asset?

Current asset appears first in the balance sheet such as cash, accounts receivable and inventory. Fixed assets are those such as land, buildings, vehicles, furnitures, office equipments. In short, fixed assets are also known as non-current asset. It can also be known as capital assets or plant, property and equipment.


Which is a difference between Plant 2000 and 2001 in GCSS-Army?

In GCSS-Army, the key difference between Plant 2000 and Plant 2001 lies in their operational focus and capabilities. Plant 2000 is primarily designed for managing maintenance and supply chain operations, while Plant 2001 emphasizes logistics and inventory management functionalities. This distinction allows organizations to tailor their processes more effectively based on specific needs within the Army's supply chain and maintenance frameworks.


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plant assets comes under non current assets. now non current assets are those which are not easily feasible in cash like land, building or other fixed properities.


Differentiate between financial and physical assets?

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What is the difference between assets and fixes assets?

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What is the major distinction between fungi and plant with respect to nutrition?

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A plant asset is an asset such as land, buildings, and machinery that will be useful for more than one year and is used to help produce revenues for a business. Plant assets are also known as fixed assets. Revaluation of plant/fixed assets is the process of increasing or decreasing their carrying value in the event of major changes in the fair market value of the assets.