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What else can I help you with?
Is Prepaid insurance is an asset account?
Prepaid insurance is that amount which is paid in advance for future insurance so until actual insurance facility is availed by company it is an asset of company and if it is for short term or will be availed in current fiscal year then it is current asset otherwise a fixed asset, if some portion is usable in current fiscal year then only that portion will be current asset and remaining will be fixed asset.
Is fixtures is current or non-current asset?
Fixtures is an item of property plant and equipment and is considered a non-current asset. In order for something to be classified as a current asset, the asset is to be realised within the normal course of business for the company or within 12 months.
Is common stock current or non current asset?
Common stock is considered a non-current asset on a company's balance sheet. It represents ownership in the company and is typically classified under shareholders' equity rather than as a current asset. Current assets are those expected to be converted into cash or used within one year, while common stock reflects long-term investment in the company.
Is gold is fixed asset or current asset?
Current asset
Is interest receivable a current asset?
Yes, interest receivable is considered a current asset. It represents amounts owed to a company for interest that has been earned but not yet received, typically expected to be collected within one year. As a current asset, it is included in the balance sheet to reflect the company's short-term financial position.
Is cash balance an asset or not?
Cash is a current asset of company and shown under current assets in balance sheet of company.
Is Prepaid insurance is an asset account?
Prepaid insurance is that amount which is paid in advance for future insurance so until actual insurance facility is availed by company it is an asset of company and if it is for short term or will be availed in current fiscal year then it is current asset otherwise a fixed asset, if some portion is usable in current fiscal year then only that portion will be current asset and remaining will be fixed asset.
Is fixtures is current or non-current asset?
Fixtures is an item of property plant and equipment and is considered a non-current asset. In order for something to be classified as a current asset, the asset is to be realised within the normal course of business for the company or within 12 months.
Is asset is cash?
Cash is an asset because it is the most liquid asset that is owned by a company that can be used to paid expenses or current liabilities.
Is common stock current or non current asset?
Common stock is considered a non-current asset on a company's balance sheet. It represents ownership in the company and is typically classified under shareholders' equity rather than as a current asset. Current assets are those expected to be converted into cash or used within one year, while common stock reflects long-term investment in the company.
Is gold is fixed asset or current asset?
Current asset
Is interest receivable a current asset?
Yes, interest receivable is considered a current asset. It represents amounts owed to a company for interest that has been earned but not yet received, typically expected to be collected within one year. As a current asset, it is included in the balance sheet to reflect the company's short-term financial position.
What is current cost to company means?
Your present salary and other benefit in our current organization.
Is cafe a current asset or fixed asset?
Current asset.
Is prepaid insurance a current asset or fixed asset?
Current Asset
What is a asset ratio?
Interesting, there really isn't such a thing as 'net assets ratio'. There's a current asset ratio which is probably the closest thing and current assets / current liabilities which gives you an idea of the company's liquidity.
Is money lent by a bank a current asset or non current asset?
non current asset
