Are fixed assets the same as plant assets?

 the plant assets that have to be  used for  more one  year ,to generate the revenue, it is meaning   reflection of the fixed  assets , like  land ,building ,    machines ,  

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Properly, plant and equipment (plant assets) are tangible assets with the following properties. Held by the entity for use in the production or supply of goods or services and expected to used during more than one period. Fixed assets or non current assets are expected to used during more than one period. So fixed assets and plant assets can be considered to the same.

 

I use the term fixed assets to mean the same as plant assets. In other words, I believe that both fixed assets and plant assets refer to the assets reported on the balance sheet as Property, Plant and Equipment.

 

No..Fixed are not same as plant asset

 

fixed asset is a main account, plan assets is under fixed assets like equipment, furniture & fixture, vehicles, like that's

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I believe that both fixed assets and plant assets refer to the assets reported on the balance sheet as Property, Plant and Equipment.

Fixed assets refers to the long -term assets, tangible assets used in a business that are classified as property, plant and equipment. *A plant asset is an asset with a useful life of more than one year that is used in producing revenue in a business operations

No but the opposite is true