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What is retained earning an asset?
retained earnings an asset?
What are non earning asset?
other assets and investment securities
How do you calculate total asset turnover?
Total asset turnover ratio = total sales / total assets
What is current assets to total assets ratio?
Current asset to total asset ratio shows how much is the proportion of current asset with comparison to total assets of business.
Can the asset revaluation reserve amortized or written off to the P and L every year?
No! the asset revaluation reserve equal to the amount of depreciation charged during the year on the revalued asset should to be transaferred to the Retained Earning.
What is retained earning an asset?
retained earnings an asset?
Is inventory a real or financial asset?
Inventory is a real asset for business for which company use in earning revenue for business.
What are non earning asset?
other assets and investment securities
How do you calculate total asset turnover?
Total asset turnover ratio = total sales / total assets
What is current assets to total assets ratio?
Current asset to total asset ratio shows how much is the proportion of current asset with comparison to total assets of business.
Can the asset revaluation reserve amortized or written off to the P and L every year?
No! the asset revaluation reserve equal to the amount of depreciation charged during the year on the revalued asset should to be transaferred to the Retained Earning.
What are non earning assets in banks?
Non-Earning Assets for banks are usually the loans for which the loan customers arent paying their monthly EMI's. Banks earn an income through the interest they get paid by the loan customers. So, if a loan customer defaults on his/her payment, the loan becomes a Non Earning or a Non Performing Asset. The term Non Performing Asset (NPA) is more commonly used than Non Earning.
How do you calculate the net asset ratio?
Net Asset Ratio = Total Net Assets/Total Assets
What will a purchase of an asset for cash do?
A purchase of an asset for cash will increase total assets(casH) and increase total owner's equity (capital).
If a company purchases supplies on account the transaction would result in total asset increasing or decreasing?
I think the total asset will decreases
What is the Journal Entry for receiving a donated asset from City Government?
[Debit] Donated Assets [Credit] Retained Earning / OE
Retained earnings a asset or liability?
Retained earnings are non distributed profit part and hence a liability of the company to payback to the owners of company on case of dissolution that's why retained earning is liability and not the asset.
