Want this question answered?
yes- (it is an asset)
Due from customer is asset for business as it is due to sale of goods to customer and if customer already paid the amount then that amount would be included in balance sheet.
The Term "Finance Lease" means that the customer will pick an asset such as a vehicle and the lender will purchase the asset. The customer will be able to use the asset while they pay installments or rental fees, with the option to purchase the asset.
no
Oil
An asset management company takes care of a customer's financial investments by investing in a variety of securities. They diversify a customer's portfolio according to their personal needs.
Russia
Asset
Main Entry: 2intangibleFunction: nounDate: 1914: something intangible: as a : an asset (as goodwill) that is not corporeal b : an abstract quality or attribute (as loyalty or creativity)Its something that exists, but only on paper. Its not a material good. Something such as "customer service" is intangible.
No, it is illegal to impersonate someone else in order to repossess a vehicle or another asset. For example: You can't tell the R/O of the vehicle that you're from the dealership and are going to detail the car on their behalf as part of a customer loyalty reward.
Asset based lending is a loan that secured by an asset. Factoring of receivables is when a lender controls who it lends money to by making sure the customer can pay back the loan.
Duetsche Bank. Largest bank (assets) in the world.