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Are deferred tax assets current assets?
no
Current assets and current liabilities Examples?
Current Assets:1 - cash2 - bank3 - inventoryCurrent liabilities:1- accounts payable2 - loan payable3 - tax payable etc
Is tax recoverable deducted from current assets in calculation of quick ratio?
yes
Is depreciation charged on current assets or not when tax payer is individual?
Depreciation is always charged on fixed assets and it does not has any relation with individual or company status.
What is the difference between current assets vs total assets?
Current assets are those assets which is usable in current fiscal year while total assets includes assets other then current assets like long term assets as formula showTotal assets = current assets + fixed assets
Are deferred tax assets current assets?
no
Current assets and current liabilities Examples?
Current Assets:1 - cash2 - bank3 - inventoryCurrent liabilities:1- accounts payable2 - loan payable3 - tax payable etc
Is tax recoverable deducted from current assets in calculation of quick ratio?
yes
What are the Journal entries for a sale of subsidiary?
There are several important journal entries for the sale of a subsidiary. These include: Fixed assets, current assets, current liability, deferred tax liability, and goodwill.
What are net current assets?
Formula for net current assets :net current assets = current assets - current liabilities
Is depreciation charged on current assets or not when tax payer is individual?
Depreciation is always charged on fixed assets and it does not has any relation with individual or company status.
What is the difference between current assets vs total assets?
Current assets are those assets which is usable in current fiscal year while total assets includes assets other then current assets like long term assets as formula showTotal assets = current assets + fixed assets
What are permanent current assets?
Permanent current assets are current assets that are replaced with like assets within one year.
How do you find the percentage of current assets to total assets?
percentage of current assets to total assets
Are investments current assets or other assets?
If investments are for short term then these are current assets but if these are for long term then non-current assets.
Fixed assets to current asset ratio?
fixed assets / current assets
Is accounts receivable a current or non current assets?
Current assets
