The Fixed Assets Section of the Balance Sheet
The fixed assets section of the balance sheet is one of the easiest sections to read and understand. This article is written to describe and illustrate some simple examples of the fixed assets section.
Furniture & Fixtures
Furniture and fixtures is a subset of fixed assets on the balance sheet. Furniture and fixtures typically consist of office desks, cubicles, artwork, decorations, kitchen items, file storage units, shelving etc.