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Distinguish fixed from current assets?
current assets are those assets which can be easily converted into cash while fixed asstes can not be easily converted into cash example fixed= land, building, machinery current= debtors , bill receviables
Fixed assets to current asset ratio?
fixed assets / current assets
What is difference between fixed asset and current asset?
The difference between current assets and fixed assets as follows: Current assets are flexible in nature, easy to encashable and floating money to company. Fixed assets are fixed in nature in other words non-moving assets, not easy to encash, and are regularly depreciated. Classification: Current assets: Cash - at hand and at bank Inventories Sundry Debtors Advance and Deposits Fixed Assets: Land and Building Furniture and Fittings Tools and tackles Plant and Machinery Computer (including assessories and UPS)
What are the components of current assets?
The components of current assets are creditors, cash, debtors and stock.
Is gross block current assets or fixed assets?
fixed assets
Distinguish fixed from current assets?
current assets are those assets which can be easily converted into cash while fixed asstes can not be easily converted into cash example fixed= land, building, machinery current= debtors , bill receviables
Are trade debtors tangible assets?
Trade debtors are persons or organizations who allows others to buy items or goods with credit and to receive payment for such goods at a later date, and tangible assets include both fixed assets and current assets. The items or goods are the assets, not the trade debtors.
Fixed assets to current asset ratio?
fixed assets / current assets
What is difference between fixed asset and current asset?
The difference between current assets and fixed assets as follows: Current assets are flexible in nature, easy to encashable and floating money to company. Fixed assets are fixed in nature in other words non-moving assets, not easy to encash, and are regularly depreciated. Classification: Current assets: Cash - at hand and at bank Inventories Sundry Debtors Advance and Deposits Fixed Assets: Land and Building Furniture and Fittings Tools and tackles Plant and Machinery Computer (including assessories and UPS)
What are the components of current assets?
The components of current assets are creditors, cash, debtors and stock.
Is gross block current assets or fixed assets?
fixed assets
Why fixed assets are more profitable than current?
in my point of view fixed assets are fix by nature and gives fix type of revenue and there is less chance of risk in it and on the other hand current assests are not fix likecash receipts,debtors .there is more risk factor in it.
As depreciation is to fixed assets what is the same analogous to debtors?
Bad debt
Why sundry debtors is coming under current assets?
Sundry debtors come in current assets because normally goods are sold on credit for short term agreement for one month or for three months as amount is receivable from debtors within one fiscal year that’s why debtors arrive in current assets.
Meaning for current asset to fixed asset ratio?
The current assets to fixed assets ratio measures how many current assets are bought or utilized through fixed assets. There's no specific agreed ratio on this.it measures the proportion between the current assets and fixed assets the company acquires.
What is meant by debtors?
Debtors are those customers who purchases goods from company on credit so debtors are current assets of business.
What are the current assets?
debtors,stock,bills receivable etc
