it is a expense
non-current assets.
non current
is closing inventory a current or non current asset
An expense is not an asset at all.
Because it's a fixed asset
non current asset
non-current assets.
non current
is closing inventory a current or non current asset
An expense is not an asset at all.
Because it's a fixed asset
Fixtures is an item of property plant and equipment and is considered a non-current asset. In order for something to be classified as a current asset, the asset is to be realised within the normal course of business for the company or within 12 months.
It is a non-current asset. Here is why: according to the Business Dictionary, a non-current asset refers to something that will not be converted to cash within twelve months, or a resource that will not be consumed or sold within the normal operating cycle of a business. By either definition, that describes machinery.
Vehicle is a fixed asset so it should be shown in fixed asset list and not in current asset list.
assests means
Long term investment is non-current asset but if there is maturity in different dates then that portion which is going to mature in current fiscal year then it is current asset and remaining portion is non-current.
non current assets held for sale