Removing assets means to write off the assets from business which are obsolete or fulfill its time period.
An increase in total assets means an increase in equity. Equity is tock or any other security representing an ownership interest.
Surplus on revaluation of assets means that on the even of revaluation, more assets has appreciate in their value then depreciate.
Return on assets (or ROA) means how profitable a company is based on their total assets. The ROA is calculated by dividing a companies total earnings by it's total assets. It is often also called return on investment.
In case of Assets debit is positive which means increase in assets as well as for liabilities debit means reduction in liabilities but for expenses it is negative as it increases the expenses and reduces the profit
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accounting equation assets = liabilities + capital so if assets increases either liability or capital will increase for this purpose 1. assets means both long term assets and short term assets 2. capital means owners equity 3. liability means outsliders liability
maturity of fixed assets means the completion of useful life of fixed assets.
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Removing assets means to write off the assets from business which are obsolete or fulfill its time period.
In accountancy, to dispose of assets means to sell or otherwise get rid of property. Tangible assets are assets you can see and touch, such as houses, cars, and land.
protective clothing means the clothes which protect us from harmfull things.
Personal Protective Equipment
Simply answered, it means cash or assets that can quickly and easily be converted to cash.
Yes it is part of quick assets it basically means recievables