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Assets of a company are resources owned by the business that have economic value and can provide future benefits. They can be classified into several categories, including current assets (like cash, inventory, and receivables) and non-current assets (such as property, equipment, and intangible assets). Assets are crucial for a company's operations and are essential for generating revenue. They appear on the balance sheet and play a key role in assessing the financial health of a business.
What else can I help you with?
What is the most liquid assest?
cash
What is a lumpy asset?
An assest that cannot be acquired in small increments but must be obtained in large, discrete units.
Name the 7 journals from which totals are posted into the general ledger?
sundry creditor capital account fixed assest bank account profit and loss
How are the concept of liquidity and profitability different?
The liquidity means the assest which can easily turned in to cash.. where as profitability is money which u have earned from ur business it is also cash...
What would be the entry if you received items for accounts payable?
Item(specify the name) a/c dr. To Account Payable a/c (If the person is dealer in that goods which is purchased then debit purchases account and if an assest is purchased then debit the asset account).
What is the most liquid assest?
cash
What is outstanding assest?
outstanding assets
What is current asset in accounting?
All those assest which are convertable within one accounting period is konow as current assest. such as, Cash, Bank Balance.Account, prepaid etc
Is car a fixed asset or current asset?
fixed assest
Where do you place vehicles in classified balance sheet?
Assest side of balance sheet
General direction in which something tends to moves?
Nowhere unless propelled and then in the direction it is propelled.
Fixed deposit is fixed asset or current assest?
A fixed deposit in the name of a firm is not a fixed asset.
What is the living michigan trust?
A living trust is similar to a living will. This is a common way of protecting assest from creditors.
What is a lumpy asset?
An assest that cannot be acquired in small increments but must be obtained in large, discrete units.
Your husband is in love with someone else and wants a divorce from you What shall you do?
Make sure you get 50% of ALL assest and get on with your life
What do you consider to be your greatest asset?
my visual, physical and mental assests are my greatest assest as a bus driver, and team player.
How do you spell assest?
The word sought may be one of these:assist - to aid or helpassessed - determined or evaluatedassets - valuables, holdings, or possessions
