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notes receivable

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Q: What is the example of non current assets?
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What are the example of non current assets?

non current assets are like land, building machinery premises etc


Is accounts receivable a current or non current assets?

Current assets


What is the difference between assets and fixes assets?

Assets have of two types Current Assets Non-Current/ Fixed Assets Current Assets are those which company utilizes in one fiscal year for example, material, Fixed assets are those assets which company utilizes for more than one fiscal year for example, machinery, plant, equipment etc


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.


Is there any example for current assets?

examples for current assets?


Is premises a current asset or non current asset?

non-current assets.


Why does non current assets decrease?

Non current assets decrease with depreciation which is due to wear and tear due to usage of that assets in revenue generation.


Are investments current assets?

If investments made for short term securities then it is current assets other wise non-current assets.


What are the two classifications of assets?

current & non-current


Are the 'term loans' current assets or fixed assets?

if loans given for short term period then current assets but if given for long term then non-current assets.


Is Cash and balances with central banks current assets or non current assets?

Cash and balances are both current assets and shown in current section of balance sheet.


What are the reasons for charging depreciation on non current assets?

depreciation non current asseate