Create a table showing 5 examples of fixed assets and 5 examples of stock in your organisation

Answer 1

Certainly! Below is a table illustrating 5 examples of fixed assets and 5 examples of stock for a hypothetical organization.

| Category | Example 1 | Example 2 | Example 3 | Example 4 | Example 5 |
|-------------------|-------------------|-------------------|-------------------|-------------------|-------------------|
| Fixed Assets | Office Building | Machinery | Company Vehicles | Computers | Furniture |
| Stock | Raw Materials | Finished Goods | Packaging Supplies| In-progress Work | Spare Parts |

### Descriptions:
- **Fixed Assets:**
- **Office Building:** The premises where the organization operates its business.
- **Machinery:** Equipment and machinery used in the production of goods.
- **Company Vehicles:** Cars, trucks, or any vehicles owned by the company for business purposes.
- **Computers:** Desktop computers, laptops, and other IT hardware used by employees.
- **Furniture:** Office furniture such as desks, chairs, and cabinets.

- **Stock:**
- **Raw Materials:** Basic materials required for production, e.g., fabric for garment manufacturing.
- **Finished Goods:** Products that are manufactured and ready for sale.
- **Packaging Supplies:** Materials used to package the finished products, e.g., boxes, bags, and labels.
- **In-progress Work:** Products that are partially completed in the production process.
- **Spare Parts:** Components that are kept in inventory to replace faulty parts in machinery or products.

This table organizes examples clearly to show the distinction between fixed assets (long-term, integral to operations) and stock (current assets cycled through during production).