Office equipment definition
/What is Office Equipment?
Office equipment is a fixed asset account in which is stored the acquisition costs of office equipment. This account is classified as a long-term asset account, since the asset costs recorded in it are expected to be held for more than one year. It is paired with and offset by an accumulated depreciation account, in which is stored the cumulative amount of depreciation associated with those assets.
Examples of Office Equipment
Examples of office equipment are copiers, fax machines, computers, and printers.