Which of the following is not an example of a fixed asset for a lawn care service?
A) The trucks used to haul away debris
B) Its accounts receivable
C) The plant nursery owned by the service
D) The bucket truck it uses to do tree surgery
E) A computer which is used to manage the store's inventory

Question

Quizplus · Accepted Answer

Accounts receivable is considered a current asset, not a fixed asset, as it represents money owed to the company that is expected to be received within a short period.

Which of the Following Is Not an Example of a Fixed