Is equipment a current asset? 707 viewsMarch 29, 2021Accounting 0 Anderson December 2, 2012 0 Comments Let’s say that a company buys equipment. Is it recorded as a current asset, a non current asset or is it judged on a case by case basis? 1 Answer ActiveVotedNewestOldest 0 Croxton Posted December 2, 2012 0 Comments Equipment is part of the property, plant and equipment which is the fixed asset line. So they are not part of the current assets. Register or Login Search for:
