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Is cash a financial asset or a real asset?

financial-current asset


What is the formula for equity method?

dEBIT COST AS AN ASSET DEBIT EARNINGS IN ASSET CREDIT DIVIDENDS RECD IN ASSET dEBIT COST AS AN ASSET DEBIT EARNINGS IN ASSET CREDIT DIVIDENDS RECD IN ASSET dEBIT COST AS AN ASSET DEBIT EARNINGS IN ASSET CREDIT DIVIDENDS RECD IN ASSET


Is cash vault a financial asset or a real asset?

real asset real asset


Is land considered an asset in financial accounting?

Yes, land is considered an asset in financial accounting.


Can a tangible asset be a financial asset?

Ive had a similar question like this in a finance exam. Apparently its wrong to say that all financial assets are intangible (i.e. yes, a financial asset can be a tangible asset). Example: Cash


What are the journal entry for asset revaluation?

debit asset and credit asset revaluation


What is the entry when asset is purchased and written off for the same?

[Debit] New Asset [Debit] Accumulated-Depreciation old asset [Credit] Cash (if any) [Credit] Old Asset


Why are asset management jobs important to businesses?

Asset management jobs are important to businesses for a number of reasons. They will help to ensure that calculations are correct, that there is an audit trail for transactions and that the security of financial data is maintained.


Is an asset a debit or credit?

An asset is a credit to you, something that gives you personally or business wise a positive in the way of worth.


Is goodwill a financial asset?

According to the FASB, goodwill is defined as an asset.


What is the entry for asset received as gift?

debit asset credit bank


Is Accumulated depreciation debit or credit?

Accumulated depreciation is a contra to related asset so if asset has a debit balance then it has credit balance to reduce the related asset's value.