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is land a liquid asset

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11y ago

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Is a fishing permit a non-liquid asset or liquid asset?

It is a non-liquid asset. It can not be traded or converted into currency. It is non-transferable and therefor non-liquid.


What are liquid and non liquid assets?

Liquid assets are those considered easy to liquidate. Such as savings, money market accounts and cash on hand. Non liquid assets are difficult to liquidate. Certificates of deposits are an example of a non liquid asset.


Are sundry debtors a liquid asset?

liquid asset


Which is the least liquid asset?

inventory is our least liquid asset.


Is land a current or non current asset?

I believe that land comes under Property, Plant & Equipment which comes under non-current. So, as far as I can recall, it should be non-current.


What is least liquid current asset?

The least liquid asset that most people have is their house.


Is money lent by a bank a current asset or non current asset?

non current asset


What is the difference between current asset and liquid asset?

liquid asset can be converted into cash within a very short span of time...


What is the difference between non current asset and plant asset?

plant assets comes under non current assets. now non current assets are those which are not easily feasible in cash like land, building or other fixed properities.


Is land an asset or liability?

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What are Asset loans?

Asset-based lending is lending the money using an agreement secured by collateral. An asset loan or line of credit can be secured with equipment, inventory, accounts receivables or equipment, and Non-liquid assets such as equipment are preferable to liquid collateral. Asset-based lending is used by small and medium-sized businesses to meet immediate cash flow requirements.


Is premises a current asset or non current asset?

non-current assets.