Discussion on fixed assets

In the previous article of this series, we took a look at one of the components of a balance sheet - 'Source of funds' and what its key constituents are. In the next few articles, we will take a look at the other component of the balance sheet - 'Application of funds' and some of its key constituents. As mentioned earlier, 'Sources of funds' indicates the total financing that a company has done. In simple terms it shows how a company has got the funds which it has used to purchase its assets.

As such, Total assets

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