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Normally include items such as Natural Resource, land, buildings, vehicles, furniture, office equipment, computers, machinery, tools, IT equipment.
The Financial Accounting regulations assume that that all Fixed Assеts (with exception of very few exceptions, like land) lose continuously lose their cash value over time which is called being accounted for as Depreciation.
In case of Fixed Assеt is based on Natural Resource its depreciation is called Depletion.
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