pension plan assets at fair value exceed the projected benefit obligation.
Intangible assets are assets that are not physical in nature. In today's marketplace, they include company's brand name, prepaid pension, goodwill, and company patents, among others.
A pension fund is considered a non-current asset but it is a long term investment fund .
An asset
Depreciable asset - accumulated depraecation = net of Depreciable asset (PPE) Which is the reported PPE(net)
In the asset area
Intangible assets are assets that are not physical in nature. In today's marketplace, they include company's brand name, prepaid pension, goodwill, and company patents, among others.
A pension fund is considered a non-current asset but it is a long term investment fund .
Depreciable asset - accumulated depraecation = net of Depreciable asset (PPE) Which is the reported PPE(net)
An asset
current liability or long-term liability, depending upon when the pension liability is to be paid
Reduction of stockholders' equity.
7
In the asset area
Value of Inventory is an asset on the balance sheet.
Yes, consignment stock must be recorded and reported. It is a non-asset inventory and must be documented.
It is likely that the pension fund will be the subject of negotiation, especially if the funds were accumulated through the course of the marriage. In this regard it would be considered a marital asset.
It is false that the book value of a fixed asset reported on the balance sheet represents its market value on that date. Fixed assets are also known as tangible assets.