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Explain fixed assets and investments.
Fixed Assets indicate the value of infrastructural properties acquired by the business where the benefits are likely to be received over a longer period of time. These assets are not supposed to be sold but they are used to do the business and to earn profits. Example: Plant, Machinery, Furniture, Building, Land etc.
Investments indicate the amount of funds invested by the organization outside the business for earning income by way of dividend, interest etc.
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