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Q: Can an ex be prevented from selling assets?
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Continue Learning about Accounting

What is the difference between capital and asset?

capital:-profits made by a company which is used to extend its business further for ex. money required to buy resources such as power,raw material,benefits to share holders as incentives,payment to employees. assets:-assets are something of moral importance for a company to get goings in terms of business for ex any pool of employees can be an asset for company or for a loan taker his home can be an asset such that by selling it he get same money he had taken the loan or a company's share holders can be the assets . alternately, assets generates capital in form of cash.


The cost principle requires that when assets are acquired they be recorded at?

Selling price


What is core current assets?

Core current assets are the essential assets, without which a company can not function. Since these assets are crucial to the survival of the company, they are usually not sold to raise cash. This implies two things. Firstly, the core current assets are not liquid and secondly, if a company is selling core current assets to raise cash, it is in dire situation or even close to bankruptcy.


What is the revaluation surplus?

Companies from time to time do the process of revaluating its assets and liabilities for many reasons like liquidation or selling business or any other reason. From the process of revaluation its assets and liabilities surplus or defecit generate. If there is revaluation surplus it means that assets of company has more appreciated then assets of the companies reduced in value.


Definition of capital equipment?

Capital Assets or Capita equipments reffer to those equipments or assets which can further generate income i.e. Plant, Machinery etc because they can produce product and by selling product we can generate income.

Related questions

2 Revenues represents a. an outflow of assets resulting from the sale of goods or services b. assets received from selling products or services c. assets used or consumed in selling products or?

assets received fro selling products or services


Advantage of selling assets to other businesses?

You can get money.


Sales of assets definition?

selling products that you own in the business


What is the difference between capital and asset?

capital:-profits made by a company which is used to extend its business further for ex. money required to buy resources such as power,raw material,benefits to share holders as incentives,payment to employees. assets:-assets are something of moral importance for a company to get goings in terms of business for ex any pool of employees can be an asset for company or for a loan taker his home can be an asset such that by selling it he get same money he had taken the loan or a company's share holders can be the assets . alternately, assets generates capital in form of cash.


Is the sale of a company's assets taxable for city income taxes to the business selling the assets?

Depends on the city's tax code.


What does Financial capital include?

Money and assets are financial capital. Businesses can liquidate assets by selling them to get the money they need for operations.


What are the advantages and disadvantages of selling assets?

advantages of assets:- 1)old assets sales profits 2)that's not working old assets that's way sale 3)more profit and deprecation less disadvantages of assets 1)old is gold that's way loss 2) less profit and 3)selling the old loss of industries


The cost principle requires that when assets are acquired they be recorded at?

Selling price


Is it possible for your husband's ex to come after your incoome for child support and is she entitled to assets from selling your house?

I am not a lawyer, but generally speaking, your husband's ex may pursue child support through legal channels if there is a legitimate basis for it. However, it is unlikely that she would be entitled to your personal income specifically, unless it is commingled with your spouse's income. Whether or not she is entitled to assets from selling your house would depend on various factors, including local laws and the specifics of your situation. It's advisable to consult with a family law attorney for accurate advice suitable for your circumstances.


What law prevented the US from selling weapons to warring countries?

The Neutrality Acts of the 30s


What did the northern blockade on the south do?

It prevented the South from selling its cotton to Europe; specially Great Britain.


What is the market for selling financial assets that can only be redeemed by the original holder?

Primary Market