Which of these is not an example of a fixed asset for a company engaged in mining coal?

Name: Which of these is not an example of a fixed asset for a company engaged in mining coal?
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Question

Quizplus · Accepted Answer

Stock of coal is not a fixed asset, as it is a current asset that will be sold or used up within a year. Land, storage depots, and mining equipment are examples of fixed assets as they are long-term assets that are used in the production process and are not intended to be sold in the near future.

Which of These Is Not an Example of a Fixed