Fixed assets are those Goods that you can’t immediately count as an expense when purchased. Innoventry can help you record and track your fixed asset purchases. Fixed assets include such things as vehicles, furniture, equipment, and so forth.For ex.If you purchase a 15,000 delivery bike with cash, for example, the journal entry that you use to record this purchase debits delivery bike for 15,000 and credits cash for 15,000.
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