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Non current assets decrease with depreciation which is due to wear and tear due to usage of that assets in revenue generation.

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10y ago

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Is premises a current asset or non current asset?

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Will the ROI decrease if current assets decrease and everything else remains the same?

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What are the reasons for charging depreciation on non current assets?

depreciation non current asseate


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.


What is the different between current assets and non-current assets?

Current assets are assets that are likely to be converted into cash within the operating period--that is the assets of the company that are most liquid. These mainly consist of the following:Cash and Marketable SecuritiesAccounts ReceivableInventoriesOther Current AssetsNon current assets are assets that are unlikely to be converted into cash, but rather items that the company will keep over a long period of time. Examples of theses are as followed:Property Plant and EquipmentIntangible AssetsOther non current assets