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What is a sales agreement?
A sale lease agreement states an owner of an asset sells said asset to another party. The asset is been leased by the previous owner so he or she can continue to utilize the asset, though they no longer own it.
What is a Sale lease agreement?
A sale lease agreement states an owner of an asset sells said asset to another party. The asset is been leased by the previous owner so he or she can continue to utilize the asset, though they no longer own it.
What is the meaning of They said you were a great asset I told them they were off by two letters?
The person that said this comment is calling you names without actually saying it.
Where is the retirement of an asset recorded?
The "retirement" or "disposal" (as it's usually listed as) is recorded in a couple of different ways depending on how the asset is disposed of. One entry that will not change regardless of how the company disposes of the asset is the account related to said asset. For example, if the company is disposing of a truck, the one account entry that will not change will be Equipment-truck, this account will be credited for the balance. The fact that the fixed asset account has a debit balance, we now credit the account to bring it to a zero balance and remove the truck from our records. Company's may choose to dispose of, sale, or trade the fixed asset. Disposing of the fixed asset does not involve the exchange of money or another asset. Selling of the asset involves receiving cash for the asset. Trading involves receiving another asset in exchange for the asset the company is disposing of. This transaction will affect the balance sheet as it affects the assets of a company.
Is livestock in case of mixed farming fixed asset or current asset or wasting asset or tangible asset?
Tangible asset
Is cash vault a financial asset or a real asset?
real asset real asset
Is cash float an asset or income?
asset
What is the formula for equity method?
dEBIT COST AS AN ASSET DEBIT EARNINGS IN ASSET CREDIT DIVIDENDS RECD IN ASSET dEBIT COST AS AN ASSET DEBIT EARNINGS IN ASSET CREDIT DIVIDENDS RECD IN ASSET dEBIT COST AS AN ASSET DEBIT EARNINGS IN ASSET CREDIT DIVIDENDS RECD IN ASSET
What is Asset Reconciliation?
Asset Reconcilation means reconcilation of asset, verifying the asset with the available cash.
Is cafe a current asset or fixed asset?
Current asset.
Is a desk a fixed asset or a current asset?
A fixed asset.
Is asset or liability?
asset
