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#corporatewala #ankityadav28 #freshersinterviewtips #fixedassets #recordtoreport Get the PDF notes of Podcast - https://corporatewala.in/product/mast... Join this channel to get access to perks: / @corporatewala Important Resources for Interview Preparation: 📌 R2R (Record to Report) 3 days Video Course - https://bit.ly/corporatewalar2r 📌 P2P (Accounts Payable) 3 days Video Course - https://bit.ly/corporatewalap2p 📌 O2C (Accounts Receivable) 3 days Video Course - https://bit.ly/Corporatewalao2c 📌 Journal Entries Made Simple eBook- https://bit.ly/JEMSeBook 📌 Accounts Payable Key Concept eBook - https://bit.ly/APp2pebook 📌 Accounts Receivable Key Concept eBook - https://bit.ly/AReBook 📌 Accounts Payable Tricky Questions eBook - https://bit.ly/APTebook 📌 R2R (Record to Report) 2 days Video Course - https://bit.ly/449neI3 📌 P2P (Accounts Payable) 2 days Video Course - https://bit.ly/47vCTV1 📌 O2C (Accounts Receivable) 2 days Video Course - https://bit.ly/3KH3ogw Top 21 Fixed Assets Accounting Interview Questions and Answers | R2R | @CorporateWala Ankit Yadav Chapters: Questions and answers covered in this podcast: What is Fixed Assets Accounting? What qualifies as a fixed asset? What is capitalization? What is a capitalization threshold? What is depreciation? Can you name different methods of depreciation? What is the journal entry for depreciation? What is residual or salvage value? What is asset impairment? What’s the difference between impairment and depreciation? How do you account for asset disposal? What is an Asset Under Construction (AUC)? What are the common controls in Fixed Assets Accounting? What is component accounting? What is revaluation of assets? What is useful life and who decides it? What systems or software have you used for fixed asset management? How do you verify physical assets with books? What is the difference between tangible and intangible fixed assets? What is the treatment for leasehold improvements? How do you handle intercompany asset transfers?