Long-term asset
From Wikipedia, the free encyclopedia
Long-term assets or noncurrent assets are those assets usually in service over one year such as lands and buildings, plants and equipments, and long-term investments. These often receive favorable tax treatment over current assets. Tangible long-term assets are usually referred to as fixed assets.
[edit] See also
 |
This accounting-related article is a stub. You can help Wikipedia by expanding it. |
