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depreciation of fixtures

This topic has 1 reply, 2 voices, and was last updated 6 years ago by John Moffat.

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September 20, 2018 at 11:20 am #475376
kingkongsajang
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What does the depreciation of fixtures mean?
What is a fixture? I know it is an overhead but what exactly is it?
Kind regards,
September 20, 2018 at 5:07 pm #475396
John Moffat
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Fixtures are not an overhead – they are non-current assets (things like desks in the office).
The depreciation of them is an overhead.
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