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What is a Customer and are they an asset or liability to the company?
customers are the persons who buy the products from the company..if they purchase products in cash then they give profits and increase asset of the company in form of cash...and if they purchase on credit basis then also they give profits and increase the asset of the co in form of debtors..also some customers default in payment when they take credit then it is known as bad debts which decrease the assets of the company..!
What is restructured asset?
Asset restructuring is the purchase or sale of assets that are worth more than 50% of a listed of a company's total or net amount of assets
Where to purchase software asset management?
Software asset management is a business practice that involves managing and optimizing the purchase, deployment, maintenance, utilization, and disposal of software applications within a company or business. It is not a package, but rather a service that a company can procure to help them become more efficient.
That your asset to a company?
tell me how any one asset to the company
What are the terms depreciable value salvage value and estimated life mean?
Depreciable Value: It is the value of asset up to which any asset can be depreciated. Salvage Value: It is the value which a company can get on sale of fully depreciated asset. Estimated useful Life: It is that life of an assets which a company determine at the time of purchase for which an asset can be utilized in business to generate revenue.
How do you treat a purchase of a new component of a fixed asset?
As per IAS 16: If purchase of component of fixed asset is major part of original asset or purchase of component increase the effectiveness or live of asset then it is treated as a part of original price and treated as asset. If purchase of component is routine purchase for small repair etc then it is treated as revenue expense.
Is a purchase discount account an asset or liability?
It is a contra asset account; thus, an ASSET
What is naked CDS - Credit Default Swap?
A naked CDS is the purchase of CDS's without an investment in the underlying asset. Essentially buying insurance without the asset. Usually linked with speculation in the creditworthiness of the company. Speculators trade the likelihood a company will default on its payments.
Why do you write off assets?
Assets are write off if asset has completed it's useful life or can be disposed of if it has become obsolete or another reason is that if company wants to purchase asset with new technology as well.
What is restructuring?
Asset restructuring is the purchase or sale of assets that are worth more than 50% of a listed of a company's total or net amount of assets
Which constraint would allow a company to record the purchase of a 120 printer as an expense rather than capitalizing the printer as an asset?
cost effectiveness
Asset in a sentence?
My new Co worker was an asset to our company.
