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Most people's main personal asset is typically their home, as it often represents the largest investment they make in their lifetime. Additionally, for many, their skills and education are significant assets, contributing to their earning potential and career opportunities. Personal savings and investments also play a crucial role in an individual's financial stability and future planning. Lastly, relationships and social networks can be considered invaluable personal assets, providing support and opportunities throughout life.
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Examples of intangible asset?
Most common example of intengible asset is "GOODWILL"
What is the recordable cost of a plant asset?
The record able cost of a plant asset is most likely the cost of the plant asset at acquisition. This would include equipment costs, training of employees, sales taxes, freight costs, and the like.
Are office supplies considered current assets?
most of the time they are. a current asset is an asset that is expected to be expensed or turned in cash within one year or the current operating cycle, whichever is longer
What is the asset-offset of an accounts receivable?
Yes. Accounts receivable, or receivables for short, represent a financial obligation to the organization and are represented on the asset side of the balance sheet.Generally yes, most of your accounts receivable will be listed as a current asset. To make sure however remember the rule of current assets. Current assets are anything that can be turned into "cash.Accounts receivable is considered a short term asset.
Is a checking account an asset?
Yes, a checking account is definitely considered an asset because it holds cash, which is one of the most liquid forms of assets. Understanding basic financial concepts like this is essential for personal growth and skills development—especially in areas like money management, budgeting, and financial planning. The more we improve our financial literacy, the better equipped we are for long-term success. For more information: nsda.portal.gov.bd/site/page/92fd3b71-62de-43d9-b291-f80855dab52b
What was the south's most valuable asset after the war?
Land was the South's most valuable asset after the war.
What has been the main thrust the most of the amendments enacted after the Bill of Rights?
The main thrust of the most of the amendments enacted in the Bill of Rights have to do with personal freedoms.
Examples of intangible asset?
Most common example of intengible asset is "GOODWILL"
Which of these is the most liquid asset?
The least liquid asset that most people have is their house.
What reason is most cited by historians as the main downfall of the Roman Empire?
The inwards movement of Eurasian peoples who took it over.
Which electric guitar gets the most reggae rhythm sound?
my personal opinion and alot of other peoples would lead you to a fender strat
What is least liquid current asset?
The least liquid asset that most people have is their house.
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.
The most liquid asset is?
Money
What is the most asset of a nation?
dog
What are the beliefs in Peru?
The main religion in Peru is Catholicism though most peoples beliefs are a mixer of Animism and Roman Catholic ideologies.
Why is cash an asset?
Balance sheet is always maintained as most liquid asset at the top, so as the cash is the most liquid asset of business that;s why it is shown right at the top before all other less liquid assets.
