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Assets can be devided in to two types. they are Fixed assets & Current Assets. Fixed assets are those which can be used by the organisation in long term. For example Land , plant & Machinery , Buildings etc. being the assets are put to use continueously, the value of the fixed assets decreases which is called DERECIATION. Depreciation is calculated as per the Rates prescribed by the Income Tax Act 1962. Current assets can be defined as those which can be converted in to cash with in one year. for example Bank Balances, Debtors, Stock and Accounts Receivable etc.
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What does personalty mean?
It is personal assets that are not fixed to a specific location. Assets fixed to a location assets are realty. Personalty is also known as chattel.
What are there specific kinds of AIOs?
Some of the specific kinds of AIOs include the file system programming.
What kinds of technology are there?
all different kinds be more specific.
What are the Kinds of patronage?
There are four kinds of patronage. These include donations of cultural assets, restoration of cultural heritage, training of specialists in heritage, and promotion and awareness of heritage.
Meaning for current asset to fixed asset ratio?
The current assets to fixed assets ratio measures how many current assets are bought or utilized through fixed assets. There's no specific agreed ratio on this.it measures the proportion between the current assets and fixed assets the company acquires.
What prevents a executor from not following the will?
One issue may be that there are not enough assets to settle the debts of the estate. Or the specific assets left for someone are no longer in the estate.
How many kinds of assets?
Assets can be broadly categorized into two main types: tangible and intangible. Tangible assets include physical items like real estate, machinery, and inventory, while intangible assets encompass non-physical items such as patents, trademarks, and goodwill. Additionally, assets can be classified further into current assets (easily convertible to cash within a year) and non-current assets (long-term investments). This classification helps in financial reporting and analysis.
Differents kinds of drugs?
1000 different kinds. need to be much more specific in question.
What is the difference between secured and unsecured bonds?
Secured bonds are backed by specific assets, providing investors with collateral in case of default. Unsecured bonds, on the other hand, do not have specific assets backing them, relying solely on the issuer's creditworthiness.
What is a charge over assets?
A charge over assets is a legal interest granted by a borrower to a lender as security for a loan or obligation. It allows the lender to claim specific assets of the borrower if they default on the loan. This can include tangible assets like property or equipment, or intangible assets like receivables. The charge ensures that the lender has a priority claim over the specified assets in the event of liquidation or bankruptcy.
What are those kinds of frequency?
Please be more specific.
What happens to the assets in a trust in the event of the death of the holder?
When the holder of a trust dies, the assets in the trust are typically distributed according to the instructions outlined in the trust document. This may involve transferring the assets to beneficiaries or managing them in a specific way as specified by the trust.
