Want this question answered?
If building is owned by business then it is asset of business while if building is acquired on rent then it is not an asset of business.
Bank loan is a liability for business not an asset for business.
Useful life of an asset means the time for which any asset is usable in business for generating revenue for business.
Current asset is that asset which is utilizable within one fiscal year of business while fixed asset is that asset which is utilizable for more than one fiscal year of business.
Equipment is an asset for business which is usable in business to generate revenue.
Land was the South's most valuable asset after the war.
If building is owned by business then it is asset of business while if building is acquired on rent then it is not an asset of business.
a asset means the properties of every description belonging to the trade or the valuable things owned by a business concern. Ex: cash, goods, buildings, machinery, etc., By-Nalini & Raje
The requirement for a small business loan would be debt asset ratio, credit worthiness and ability to pay.
The correct spelling is "asset" (valuable person or thing).
In the book "Hatchet" by Gary Paulsen, Brian's most valuable asset is his determination and resilience. Despite facing numerous challenges and dangers in the wilderness, his ability to remain focused, adapt, and persist in his efforts to survive proves to be his greatest strength.
water
The Blackberry brand is considered the best mobile phone for business. The physical keyboard on the phone is considered to be an asset for business people so they can quickly and effectively answer emails and text messages.
it is a valuable thing possessed by business is called assets. For exampl, Cash , Bank, Land & Building, Machinery, Account Receivable, Investment etc.
Bank loan is a liability for business not an asset for business.
Yes.
Its land