A note receivable is a Financial Asset.
Real Assets are assets that are used to produce a good and/or service. It is also usually something you can touch, land, equipment, supplies, etc.
Financial assets are those that deal with the finance of a company.
Yes it is a real account. Accounts receivable is considered an asset and asset accounts are real or permanent accounts.
Accounts have 3 types of accounts those are : Real, Nominal, Personal. Nominal accounts are those accounts which deals in income and expenses. Real accounts deals in accounts like cash, accounts recievable etc. Personal accounts deals in accounts of people like Mr.Sam account. So Account Recievable is Real account. ---- In financial accounting, accounts receivable is not a "cost" at all. Accounts receivable is an account that records money owed to a company by a customer. This account is recorded under the "current asset" accounts on the Balance Sheet.
no
Bills receivable is a real account. When acceptance is received, Bills receivable account is debited (debit what comes in). When the bill is discounted or returned to acceptor at the time of maturity, Bills receivable account is credited (credit what goes out).
real accounts
Yes it is a real account. Accounts receivable is considered an asset and asset accounts are real or permanent accounts.
real asset real asset
financial-current asset
Financial
Accounts have 3 types of accounts those are : Real, Nominal, Personal. Nominal accounts are those accounts which deals in income and expenses. Real accounts deals in accounts like cash, accounts recievable etc. Personal accounts deals in accounts of people like Mr.Sam account. So Account Recievable is Real account. ---- In financial accounting, accounts receivable is not a "cost" at all. Accounts receivable is an account that records money owed to a company by a customer. This account is recorded under the "current asset" accounts on the Balance Sheet.
Inventory is a real asset for business for which company use in earning revenue for business.
no
www.investopedia.com Real assets: Physical or identifiable assets such as gold, land, equipment, patents, etc. They are the opposite of a financial asset. Real assets tend to be most desirable during periods of high inflation. Financial assets: An asset that derives value because of a contractual claim. Stocks, bonds, bank deposits, and the like are all examples of financial assets. Unlike land and property--which are tangible, physical assets--financial assets do not necessarily have physical worth.
fair and ethics
Liquidity refers to the ability of a firm to change its assets to cash. Being an asset, the ability for receivables to pay its debts to the firm will affect the asset's ability to become liquid. A business that collects its accounts receivable in an average of 20 days generally has more cash on hand than a business that requires 45 days.
A real asset is a tangible asset like gold or real estate. You can hold it or place your hand on it. It has intrinsic value in and of itself. A financial asset is not tangible. Instead, its existence is "represented by evidence of its existence such as a paper certificate, like money, a savings passbook, a stock certificate, or a bond. The paper in money has no intrinsic value. Its value is derived by virtue of what it represents.
Real asset: These are used to produce the Firm's product and services. They include Tangible assets such as;MachineryFactoriesVehiclesOffices.Furthermore, real asset includes intangible assets such as;Technical knowledge (intellectual property IP)TrademarksPatents.Financial asset: The firm finances it's investments in real asset by issuing financial assets in the debt market for investors. A share of stock is financial asset which has a value as a claim on the firm's real asset and the income those assets will produce. A bank loan is a financial assetFinancial market: Where stocks, bonds security's are traded or change hands. Investor (shareholder): Who lend the money to the issuer in expectation of profit on investment).Edited by Naren