FIXED ASSETS — Grade 11 Accounting Notes

Comprehensive CAPS-aligned study notes for FIXED ASSETS in Grade 11 Accounting. Browse the sections below to find detailed explanations, worked examples, and exam preparation material.

Sections in FIXED ASSETS

The Fixed Asset Register

The Fixed Asset Register A business owns many different types of tangible assets such as vehicles, equipment, furniture and land. These assets are used in the daily operations of the business to…

Depreciation

Depreciation Tangible assets like vehicles, equipment and furniture lose value over time due to wear and tear, age, and technological obsolescence. This decrease in value is recorded as depreciation…

Disposal of Fixed Assets

Disposal of Fixed Assets At some point, a business will sell, scrap or trade in a tangible asset. This process is called the disposal of a fixed asset. When an asset is disposed of, its records must…

Ethics & Internal Controls: Fixed Assets

Ethics & Internal Controls: Fixed Assets Fixed assets represent some of the most valuable resources a business owns. Vehicles, equipment, furniture and buildings can be worth hundreds of thousands of…

Frequently Asked Questions

What is covered in FIXED ASSETS for Grade 11 Accounting?

The FIXED ASSETS section covers all key concepts from the Grade 11 Accounting CAPS curriculum, including detailed explanations, worked examples, and exam preparation tips.

Are the FIXED ASSETS notes free?

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How do these notes help with exam preparation?

Our FIXED ASSETS notes are CAPS-aligned and include worked examples, common mistakes to avoid, and exam tips — everything you need to prepare for your Grade 11 Accounting exams.

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