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The asset function of money is Hope. Hope will help you reach your goals.
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Is money owed by a customer an asset or a liability?
yes- (it is an asset)
Which is the more liquid asset?
money
Is a cheque account an asset?
The account itself is not an asset, but any money credited to the account is.
Is a checking account an asset?
From the account holders perspective yes a checking account is an asset. The amount of money you have in your checking account is your asset. From the banks perspective it is a liability because whenever you want your money, the bank has to give it to you.
Are installment account receivables a current asset or liability?
Account receivables are always assets. It's money that is owed to you by another. The length of time in which that money is expected to be collected determines whether it's a current asset or long term asset.
Is money owed by a customer an asset or a liability?
yes- (it is an asset)
Is money lent by a bank a current asset or non current asset?
non current asset
The most liquid asset is?
Money
Which is the more liquid asset?
money
What is money for investment?
Using money or capital to buy an asset with the hope that the value of that asset will increase and give you the opportunity to sell at a profit.
How can brokers and dealers make money Which activity is riskier Why?
The dealer's function is riskier because the dealer must maintain an inventory of the asset and honor quotes to buy and sell.
What is the difference between asset management and private banking?
The difference between asset management and private banking is the source of the money. In asset management, the money comes from financial and insurance companies as well as certain funds. In private banking, the money is from individuals.
Is a cheque account an asset?
The account itself is not an asset, but any money credited to the account is.
Why is a bank loan a financial asset?
The only way that a bank loan can be an asset is if the loan is less than what the assett is worth. Otherwise I do not belive a bank loan can be an assett. Answer 1: A Bank loan is an asset for the bank because it is money that a customer will repay. Any instrument in which money will be received can be considered an asset. In case of a loan, it is an asset to the bank and a liability to the person who borrowed the money
Is a checking account an asset?
From the account holders perspective yes a checking account is an asset. The amount of money you have in your checking account is your asset. From the banks perspective it is a liability because whenever you want your money, the bank has to give it to you.
How can you be an asset to the bank?
If you take a loan from the bank, then you become an asset to the bank. That is because, you owe money to the bank and the bank has all rights to take the money and the interest that you are supposed to pay for the loan from you. So any kind of money that is to be received by anyone is an asset and so similarly, a loan that people will pay back to the bank will be an asset to the bank.
What describes how an investment is made?
Putting money into an asset.
