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Yes.
An Asset is something that has a value and can be sold/converted to cash.
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How do you write letter for bank fixed deposit?
I want letter for bank fixed deposit
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.
Highest Interest in which deposit - recurring deposit or fixed deposit?
how to calculate Recurring deposit interest ?
Is fixed asset a fixed cost?
A fixed asset is an item/asset that can or does generate income/revenue and its value does not flutuate in the short term. A fixed cost is an expense that is repetative such as your real estate tax and utility bills So the short answer is no. These are two different and opposite items
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 fixed asset or current assest?
A fixed deposit in the name of a firm is not a fixed asset.
Is fixed asset a current asset?
fixed deposit is an assets
Is a certificate of deposit a current or fixed asset?
Certificate of deposit if purchased for one year then current asset otherwise long term asset.
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).
Where does the fixed deposit appear in balance sheet?
Current asset
What Types of fixed asset?
1)Tangible fixed asset 2)Intangible fixed asset 1)Tangible fixed asset 2)Intangible fixed asset
Is electricity deposit an asset?
Yes, a utility deposit is an asset.
Is a desk a fixed asset or a current asset?
A fixed asset.
Is good is a fictitious asset or fixed asset?
fixed
Is car a fixed asset or current asset?
fixed assest
What is the journal entries for deposit paid on a asset?
deposit account (asset) = dr bank =cr
Share discount is a fixed assets-?
A share discount is not a type of fixed asset, it is a type of net asset.
