All of the following accounts are considered to be fixed assets on the balance sheet except:
A)buildings
B)equipment
C)marketable securitiesdepreciation
D)machinery
E)all of the above are fixed assets

Question

Quizplus · Accepted Answer

Marketable securities are not considered fixed assets, as they are financial securities that can be easily converted into cash and are not used for long-term operations or production. Buildings, equipment, machinery, and other tangible assets used for production or operations are considered fixed assets.

All of the Following Accounts Are Considered to Be Fixed