An assest that cannot be acquired in small increments but must be obtained in large, discrete units.
sundry creditor capital account fixed assest bank account profit and loss
The liquidity means the assest which can easily turned in to cash.. where as profitability is money which u have earned from ur business it is also cash...
A checking account is typically the most liquid.
Item(specify the name) a/c dr. To Account Payable a/c (If the person is dealer in that goods which is purchased then debit purchases account and if an assest is purchased then debit the asset account).
outstanding assets
All those assest which are convertable within one accounting period is konow as current assest. such as, Cash, Bank Balance.Account, prepaid etc
fixed assest
Assest side of balance sheet
Nowhere unless propelled and then in the direction it is propelled.
Houses are the most liquid assets
what is the most common liquid?It is water.Water is also the universal solvent. the most common liquid solution on earth is seawater
An assest that cannot be acquired in small increments but must be obtained in large, discrete units.
A fixed deposit in the name of a firm is not a fixed asset.
A living trust is similar to a living will. This is a common way of protecting assest from creditors.
liquid varies the most
most of the water is in the cytoplasm