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14y ago

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Explain - fixed assets?

fixed assets are long term assets which have long term period


Long term assets to total assets ratio?

An organization's long haul obligation to-add up to resource proportion estimates its influence and goes about as a measurement for deciding its dissolvability. The proportion is determined by separating all out long haul obligation (for example obligation with over a year to development) by complete resources. A drawn out obligation proportion of 0.5 or less is viewed as a decent definition to show the wellbeing and security of a business.


What is long-term assets?

Long-term assets, also known as non-current assets, are resources owned by a company that are expected to provide economic benefits over a period longer than one year. They include tangible assets like property, plant, and equipment, as well as intangible assets such as patents and trademarks. These assets are crucial for a company's operations and growth, as they are used to generate revenue over time. Long-term assets are recorded on the balance sheet and typically depreciated or amortized over their useful lives.


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.


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.


What are long term assets?

Long term assets are assets that can't be easily converted in to cash like vehicles,equipments and machineries .


What is short term liability and long term assets?

Short term liabilities are those whose life is less than 12 months. Long term assets: I presume you mean either long term liabilities (whose life is greater than 12 months) or long term assets is the value of a company's property, equipment and other capital assets minus depreciation.


Is investment considered as current asset?

No investments in other business are normally for long term basis. If investments are for long term then long term assets otherwise current assets.


A firms long term assets equals 75000 total assets equals 200000 inventory equals 25000 and current liabilities equals 50000?

Assets: Inventory 25000 Other current assets 100000 Long term assets 75000 Total assets 200000 Liabilities: Current liabilities 50000 Long term liabilities 150000


How do you classify assets?

Tangible assets normally are long term capital assets, but could be short term. Some long term tangible assets can be depreciated while others can not. For example a building or piece of equipment is a tangible long term asset that can be depreciated for financial and tax purposes. Land is also a tangible asset, but can not be depreciated.


Do you enter premises account in balance sheet?

Premises are long term assets of company that's why these are shown in long term assets in balance sheet.


How do you classify tangible assets?

Tangible assets normally are long term capital assets, but could be short term. Some long term tangible assets can be depreciated while others can not. For example a building or piece of equipment is a tangible long term asset that can be depreciated for financial and tax purposes. Land is also a tangible asset, but can not be depreciated.