Tools and equipment means all hand tools, implements, camp equipment, drawing office and survey instruments, medical and surgical instruments and all articles of similar nature, whether or not they are of an expendable nature, which are not normally issued to officers personally for use in carrying out their official duty.
Equipment includes machinery, furniture, fixtures, vehicles, computers, electronic devices, and office machines. Equipment does not include land or buildings owned by a business. From an accounting standpoint, equipment is considered capital assets or fixed assets, which are used by the business to make a profit.
Machines are one of the greatest creations of humans. Machines are very useful for us because it helps us to do difficult or bulky work in just a minute. Machines are used in every sector like:- IT industry, factories, trains, vehicles and many more things.