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What is the accounting computation and entry for discounted negotiable certificate of deposits?
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What are the negotiable Certificate of Deposits?
are issued in exchange for a deposits of funds by most American banks are negotiable meaning they can be sold to another holder before maturity
What is the difference between cetificate Deposits and Time Deposits?
They both refer to the exact same thing. It is just two different terms by which we are referring to this deposit product. In this, a customer deposits a lump-sum amount with the bank for a fixed amount of time at a fixed rate of interest. In return, the bank gives a certificate to the customer which he/she can surrender after the stated time in return for the invested amount + interest. They are called Time Deposits, Certificate of Deposit, Fixed Deposits etc.
What are physical assets?
Physical assets are tangible things a business or person owns, e.g. property.
What are the Examples of fixed assets?
Fixed assets are long-term, tangible resources, such as property and equipment that are used in a company's operations. These assets are classified as long-term and tangible because they are not intended for resale and are hold value.
Is a house considered a tangible item pertaining to a will?
Tangible property in law is property that can be touched. A house would be tangible real property.
What is Tangible property in the automotive industry?
Tangible property refers to anything which can be touched.
Is restaurant dining considered tangible personal property?
Tangible property is something that can be touched; dining in a restaurant is a service.
What is tangible personal property?
Tangible personal property includes anything you own that is not attached to real property (land or improvements to land) and that has a physical form.Intangible personal property includes other things without physical form, such as personal rights in intellectual property (patents, trademarks, trade secrets, etc) or vested rights in things you do not yet possess.
Does tangible property include automobiles?
yes
What are tangible property rights of the organization?
Furniture
Is a car tangible personal property?
yes
Is a built in dishwasher tangible property?
A built-in dishwasher is tangible, but you have to be careful with this one. It is not personal property as it is a part of the house, and therefore considered real estate.
Is an animal tangible personal property?
Yes.Yes.Yes.Yes.
What is a definition of property?
Property is any tangible or intangible asset with specific owners.
What is the difference between personal property and intangible property?
Tangible personal property is something you can touch and is movable. Intangible personal property is property that has no physical existence. Examples of intangible personal property are: stocks, bonds, bank notes, trade secrets, patents, copyrights, professional reputation, goodwill and trademarks. Some "untouchable" items may be represented by a certificate or license.
What is afinancial asset?
A financial asset is a tangible liquid asset that derives value because of a contractual claim of what it represents. Stocks, bonds, bank deposits and the like are all examples of financial assets. Unlike land, property, commodities or other tangible physical assets, financial assets do not necessarily have physical worth.
