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What is the main distinction between inventory and plant assets?
Wiki User
∙ 11y ago
In accounting, inventory is considered a "for sale" asset, plant assets are not.
Wiki User
∙ 11y ago
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Difference between real assets and financial assets?
Real assets are physical assets such as plant, machinary, vehicles, stock/ inventory. Financial assets, are cash, bonds, shares etc., etc.
Financial statements in the early 2000s provide information related to?
hard assets (plant and inventory)
Which is a difference between Plant 2000 and 2001?
Plant 2000 allows more items in inventory; Plant 2001 allows fewer items in inventory
Can you give me a sentence for the word distinction?
A cell wall is the primary distinction between plant and animal cells.
What is difference between fixed asset and non current asset?
Current asset appears first in the balance sheet such as cash, accounts receivable and inventory. Fixed assets are those such as land, buildings, vehicles, furnitures, office equipments. In short, fixed assets are also known as non-current asset. It can also be known as capital assets or plant, property and equipment.
What is the difference between non current asset and plant asset?
plant assets comes under non current assets. now non current assets are those which are not easily feasible in cash like land, building or other fixed properities.
Differentiate between financial and physical assets?
Physical assets are plant, machinery, tools, land, building e.t.c where as financial assets include cash, shares, bonds, marketable securites, financial assets are used to purchase Physical asstes.
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
The difference between financial and physical assets?
Physical assets are those assets which put company to earn or produce units to earn revenue like machinery, plant, equipment etc. Financial assets are like shares or debentures purchased in other company.
What is the major distinction between fungi and plant with respect to nutrition?
Fungi do not photosynthesize, so they are consumers while the vast majority of plants are producers.
What is revaluation of plant assets?
A plant asset is an asset such as land, buildings, and machinery that will be useful for more than one year and is used to help produce revenues for a business. Plant assets are also known as fixed assets. Revaluation of plant/fixed assets is the process of increasing or decreasing their carrying value in the event of major changes in the fair market value of the assets.
Differences between Plant Assets and Current Assets?
Plant assets are things like buildings and machines that a company uses for a long time to make money. They're not meant to be turned into cash quickly. Current assets are things like cash, stuff people owe the company, and things the company plans to sell soon. They can be turned into cash in less than a year. So, plant assets are for the long run, while current assets are more short-term.
