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SavingsFixed Rate Bond (Issue 213× A guaranteed fixed rate of interest to 31 October 2023 when you invest a minimum of 5,000. Key Features3A fixed rate of interest until maturity on 31 October 2023
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What is www.investopedia.com/terms/f/fixed?
A fixed asset is a long-term tangible piece of property or equipment that a firm owns and uses in its operations to generate income.
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Businesses and organizations that own fixed assets are required to file fixed asset records and reports for accounting and tax purposes.
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Fixed asset records should be filled out by listing each fixed asset along with details such as purchase date, cost, useful life, and depreciation method.
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The purpose of fixed asset tracking is to properly account for and manage valuable assets that a company owns.
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Information such as the description of the asset, date of acquisition, cost, and method of depreciation must be reported on fixed asset records.
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