ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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CAPITAL ASSET Definition
CAPITAL ASSET is a long-term asset that is not purchased or sold in the normal course of business. Generally, it includes fixed assets, e.g., land, buildings, furniture, equipment, fixtures and furniture.
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FREIGHT OUT is the handling, packaging, and shipping costs of product; normally considered a selling cost.
RUBLIS (RUBLI, RUBLU) is a currency of Latvia.