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what is a example of an asset?
Current Assets are assets that are considered to be liquidated easily. Cash is considered a current asset because of that reason, it is cash. Anything that can be turned into cash quickly is considered a current asset. Accounts receivable is also a current asset, while a Note Receivable is considered (non) or more appropriately, a "long-term" asset.
What is an example of a current asset?
Current Assets are assets that are considered to be liquidated easily. Cash is considered a current asset because of that reason, it is cash. Anything that can be turned into cash quickly is considered a current asset. Accounts receivable is also a current asset, while a Note Receivable is considered (non) or more appropriately, a "long-term" asset.
Is service rendered considered an asset or owner's equity?
an asset
Is withdrawal considered an asset?
It is a liability
Is a prepaid asset considered an intangible asset?
No. A prepaid asset is an asset that May be Tangible or Intangible, but is not yet 'in service'. When it is acquired and in service, is when it may be determined if it is Tangible or Intangible.
Is a house considered an asset?
Yes, a house is considered an asset because it has value and can be used to generate wealth or income.
Is a house with a mortgage considered an asset?
Yes, a house with a mortgage is considered an asset because it has value and can be sold for a profit.
Is a checking account considered an asset or liability?
A checking account is considered an asset because it represents money that you own and can access.
Is a savings account considered an asset?
Yes, a savings account is considered an asset because it represents money that you own and can access.
Is a website considered an asset?
Yes, a website is considered an asset because it has value and can contribute to the overall worth of a business or organization.
Is an apartment considered an asset?
Yes, an apartment is considered an asset because it has value and can be used to generate income or be sold for a profit.
Is your checking account considered an asset?
Yes, a checking account is considered an asset because it represents money that you own and can access.
Is your home considered an asset?
Yes, a home is typically considered an asset because it has value and can be sold or used to generate income.
Is your house considered an asset?
Yes, a house is typically considered an asset because it has value and can be sold or used to generate income.
Is a checking account considered an asset or a liability?
A checking account is considered an asset because it represents money that you own and can access easily.
Is my house considered an asset?
Yes, your house is considered an asset because it has value and can be used to generate wealth or provide financial security.
Is cash considered a real or financial asset?
Cash is considered a real asset because it holds tangible value and can be readily used for transactions.
