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Is a prepaid pension asset an intangible asset?
Intangible assets are assets that are not physical in nature. In today's marketplace, they include company's brand name, prepaid pension, goodwill, and company patents, among others.
Is pension fund a current liability or non current liability?
A pension fund is considered a non-current asset but it is a long term investment fund .
What is the difference between accumulated depreciation and an depreciable asset?
Depreciable asset - accumulated depraecation = net of Depreciable asset (PPE) Which is the reported PPE(net)
Prepaid advertising would be reported on the balance sheet as a?
An asset
Merchandise inventory is reported as a long-term asset on the balance sheet?
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Is a prepaid pension asset an intangible asset?
Intangible assets are assets that are not physical in nature. In today's marketplace, they include company's brand name, prepaid pension, goodwill, and company patents, among others.
Is pension considered income for FAFSA application?
Pensions are generally not considered income for the FAFSA application. Instead, they are viewed as an asset if they are part of a retirement account. However, if pension payments are received as regular income during the year, they may need to be reported as income. It’s important to review the specific instructions on the FAFSA to determine how to report any pension-related income accurately.
Is pension fund a current liability or non current liability?
A pension fund is considered a non-current asset but it is a long term investment fund .
What is the difference between accumulated depreciation and an depreciable asset?
Depreciable asset - accumulated depraecation = net of Depreciable asset (PPE) Which is the reported PPE(net)
Prepaid advertising would be reported on the balance sheet as a?
An asset
An unfunded pension liability is reported on the balance sheet as?
current liability or long-term liability, depending upon when the pension liability is to be paid
Treasury stock should be reported as a current asset investment other asset or reduction of stockholder's equity?
Reduction of stockholders' equity.
Merchandise inventory is reported as a long-term asset on the balance sheet?
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Where is inventory is reported in financial statement?
Value of Inventory is an asset on the balance sheet.
Where is the receipt of a notes receivable reported on the statement of cash flows?
In the asset area
Does consignment stock have to be reported as inventory?
Yes, consignment stock must be recorded and reported. It is a non-asset inventory and must be documented.
In a New York State Police and Fire Disability Pension, am I responsible for dividing my pension with an ex-spouse?
It is likely that the pension fund will be the subject of negotiation, especially if the funds were accumulated through the course of the marriage. In this regard it would be considered a marital asset.
