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How do you write letter for bank fixed deposit?
I want letter for bank fixed deposit
Highest Interest in which deposit - recurring deposit or fixed deposit?
how to calculate Recurring deposit interest ?
Which of the following is a list of assets from most liquid to least liquid?
Houses are the most liquid assets
Why fixed assets depreciate?
Fixed assets depreciate because through depreciation process cost of fixed asset charged to all those fiscal years in which that fixed asset is used.
How do you write a letter to bank manager for closing fixed deposit?
To Manager Subject: Closing Fixed deposit account. This is to inform you that, My Fixed deposit will mature on 01/12/2012, Kindly request you to transfer the fixed deposit to my Saving account, details are mention below. Name: Saving bank account: your faithfully *****
Fixed deposit is current asset or fixed asset?
Fixed deposit is under fixed assets. Under fixed assets, there are 3 category that is tangible fixed assets (land, machinery, dll), intagible fixed assets (pattern, franchise, dll) and investment (fixed deposite,dll).
Is fixed asset a current asset?
fixed deposit is an assets
Where to find security deposits on the balance sheet?
They are listed as a Non-Current or Long-Term Asset, often below Fixed Assets listed as Other. Why under Fixed Assets? Because Assets are listed in order of liquidity and a security deposit is usually not very liquid.
Is a 5 Year Certificate of Deposit a Fixed Asset?
No. As long as it can be cashed in at any time, it is still liquid and therefore a current asset. If it cannot be cashed in before maturity, it would be classified as Other Non-Current Assets.
What are fixed assets?
Fixed asset is a financial term, that is, in comparison to current assets (money, bank accounts), fixed, which means it can't be easily converted to liquid assets.
Is gross block current assets or fixed assets?
fixed assets
WHY do banks not keep all of their assets in liquid from?
That is because keeping assets in liquid cash form is not the best way to preserve it. If it is invested somewhere it will generate revenue and income which is not possible if it is locked away in a safety deposit vault. That is why banks invest their assets rather than retain them as liquid cash.
What are maturity of fixed assets?
maturity of fixed assets means the completion of useful life of fixed assets.
What is the disadvantages of fixed deposit?
what is the disadvantages of fixed deposit
Fixed assets to current asset ratio?
fixed assets / current assets
Are fixed assets a liability?
Fixed assets are not liabilities, they are assets that can not be quickly liquidated (turned into cash). If the company goes under, fixed assets would be difficult assets to get cash for.
Fixed deposit is fixed asset or current assest?
A fixed deposit in the name of a firm is not a fixed asset.
