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That can never happen. An asset will either be depreciated to its salvage value, or to zero, depending on whether or not it has a salvage value.

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From a company's point of view what are accounts payable?

Bills. Accounts payable is money we pay for services and/or equipment. It's usually a negative toward the equity unless it is a payable for a net asset.


What is a commercial bank balance sheet?

This is the statement of the asset and liabilities of entity at a given point of a time.


What are Non performing asset of banking industry?

A Non-Performing Asset or NPA is an asset of the bank that is not performing its intended job i.e., earn money for the bank. From the bank point of view, Loans are assets. A loan for which the customer is repaying his monthly installments regularly every month is a properly performing asset. Whereas a loan for which the customer has defaulted on the monthly payment for more than 3 months is considered a non performing asset.


At what point current asset become non current asset?

Current assets are assets that can be turned into cash quickly and easily. Cash in the bank of course being the most Current possible. Other Current Assets are things such as Account Receivable.A point where an Account Receivable may turn into a Non-Current Asset is if the person/company that owes you is unable to fulfill their obligations and pay off the balance in one year or less. If this is the case and payment for the account receivable is going to be stretched into more than a year, that current asset is then listed as a Non-Current Asset, usually a Note Receivable.


Is stationery a liability?

From a bookkeeping point of view Stationary is a separate account from everything else and when posted is usually classed as an Asset ot a Liability.

Related Questions

From a company's point of view what are accounts payable?

Bills. Accounts payable is money we pay for services and/or equipment. It's usually a negative toward the equity unless it is a payable for a net asset.


Smallest negative number?

Point negative infinity.


How can you express a number in scientific notation?

To convert a number to scientific notation: · If the number has no decimal point, then add one at the end. · Then move the decimal point to just after the first digit while counting the number of places you have moved it. · The mantissa of the new number, formed after moving the decimal point is a. · If the original number is negative, then so is a. · The number of places to the left that the decimal point was moved is b. If it was moved to the right, then b is negative. For example: 23045.06 becomes 2.304506*10^4 -23045.06 becomes -2.304506*10^4 0.00023004 becomes 2.3004*10^-4


How could one atom become positive and and another become negative?

Ions (atoms that have lost or gained electrons) can make an atom become positive (a cation) or negative (a anion). When an atom loses an electron it becomes positive since there are more protons (positively charged particles) than there are electrons (negatively charged particles) at that point. When an atom gains an electron it becomes negative because there are more electrons than are protons at that point.


What is a rotation of 90 degrees about the origin?

You could rotate it in either direction, like a steering wheel. -- If you rotate the whole plane 90 degrees to the left, then the old x-coordinate of every point becomes its new y-coordinate, and its old y-coordinate becomes its negative x-coordinate. -- If you rotate the whole plane 90 degrees to the right, then the old x-coordinate of every point becomes its new negative y-coordinate, and its old y-coordinate becomes its new x-coordinate.


Is it that when Water becomes a solid at its boiling point?

no its at freezing point when water becomes solid


How are boiling point and melting point different?

Boiling point is the temperature point at which a liquid becomes a gas while melting point is the point at which a solid becomes a liquid.


What are the steps of scientific notation?

To convert a number to scientific notation: · If the number has no decimal point, then add one at the end. · Then move the decimal point to just after the first digit while counting the number of places you have moved it. · The mantissa of the new number, formed after moving the decimal point is a. · If the original number is negative, then so is a. · The number of places to the left that the decimal point was moved is b. If it was moved to the right, then b is negative. For example: 23045.06 becomes 2.304506*10^4 -23045.06 becomes -2.304506*10^4 0.00023004 becomes 2.3004*10^-4


How do you compute scientific notation?

To convert a number to scientific notation: · If the number has no decimal point, then add one at the end. · Then move the decimal point to just after the first digit while counting the number of places you have moved it. · The mantissa of the new number, formed after moving the decimal point is a. · If the original number is negative, then so is a. · The number of places to the left that the decimal point was moved is b. If it was moved to the right, then b is negative. For example: 23045.06 becomes 2.304506*10^4 -23045.06 becomes -2.304506*10^4 0.00023004 becomes 2.3004*10^-4


How do you solve for scientific notation?

To convert a number to scientific notation: · If the number has no decimal point, then add one at the end. · Then move the decimal point to just after the first digit while counting the number of places you have moved it. · The mantissa of the new number, formed after moving the decimal point is a. · If the original number is negative, then so is a. · The number of places to the left that the decimal point was moved is b. If it was moved to the right, then b is negative. For example: 23045.06 becomes 2.304506*10^4 -23045.06 becomes -2.304506*10^4 0.00023004 becomes 2.3004*10^-4


Steps in scientific notation?

To convert a number to scientific notation: · If the number has no decimal point, then add one at the end. · Then move the decimal point to just after the first digit while counting the number of places you have moved it. · The mantissa of the new number, formed after moving the decimal point is a. · If the original number is negative, then so is a. · The number of places to the left that the decimal point was moved is b. If it was moved to the right, then b is negative. For example: 23045.06 becomes 2.304506*10^4 -23045.06 becomes -2.304506*10^4 0.00023004 becomes 2.3004*10^-4


How does using coordinate geometry help you determine what type of quadrilateral you are looking at?

If your point is positive positive it is in 1. If tour point is negative positive it is in 2. If your point it negative negative it is in 3. And if your point it positive negative it is in 4.