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examples og source of assets
FALSE
first you need to assess the suitability of the investment (what is your financial situation, what is your knowledge of the products/investment concerned, what is your investment objective). Once you answer those questions, you need some due diligence. This would include assessing the risk/reward profile of the investment, the time horizon, the exit opportunities/costs, the availabiity of hedges, the rationale for investing in a particular asset, the cost of entering the transaction.
In an economic sense, an investment is the purchase of goods that are not consumed today but are used in the future to create wealth. In finance, an investment is a monetary asset purchased with the idea that the asset will provide income in the future or appreciate and be sold at a higher price.
The symbol for Western Asset Investment Grade Defined Opportunity Trust Inc. in the NYSE is: IGI.
examples og source of assets
FALSE
The population of Arlington Asset Investment is 2,009.
Arlington Asset Investment was created in 1989.
Arlington Asset Investment's motto is 'Enjoy Your Good Fortune'.
The transaction would increase an asset account and increase a liability account?
Cash ___, Drawing In the following simple example we are recognising a profit of $200. I have shown two slightly different ways of recognising this transaction, both with the same result. Cash Account (Asset)DR 1,000Proceeds on Disposal of Investment (P&L) CR 1,000Cost of Investments Disposed (P&L)DR 800Investments in JVs & Associates (Asset) CR 800Cash Account (Asset)DR 1,000Gain on Sale of Investment (P&L) CR 200Investments in JVs & Associates (Asset) CR 800
In a financial transaction: * debits = What was paid for or gained. It can be an expense, an asset (something of lasting value) or it can be a reduction in a debt. * credits = What is the source of value. It can be income, an increase in debt or obligations (owner investment) or it can be a reduction in assets (cash or other assets)
The symbol for Arlington Asset Investment Corp in the NYSE is: AI.
yes accounting equation is asset = liability +own's equity. the transaction is a decrease on account recceivable of asset and an increase on capital of asset. therefore, the equation is balanced.
It is depend on the nature of transaction, if building is acquire on rent then building is not an asset if building is purchased then it is fixed asset.
Give me an example for what, the transaction would decrease an asset account and decrease the owner's equity account?