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What else can I help you with?
The properties owned by a business are called?
Assets
Money or property that has worth to a business?
Assets
What are importance of sole-trader business?
All assets of the business belongs to the owner
Describe the nature of operation of business?
This is when a business is harvesting all the value from the assets that it owns. These assets can be intangible-like an idea or a royalty, or physical-like a building.
The properties owned by a business enterprise are referred to as?
Assets
Characteristic of a fixed asset is that it is?
A characteristic of a fixed asset is that it is used in the operation of a business. Examples of fixed assets include office equipment, computers, and machinery.
What steps are involved in the Vanguard transition to a brokerage account?
The steps involved in transitioning Vanguard accounts to a brokerage account typically include opening a brokerage account, transferring assets from the Vanguard account to the brokerage account, and adjusting investment strategies as needed.
Is brokerage account part of an estate?
Yes, all assets of the deceased account towards their estate.
What is the primary reason I need to form an entity in my business?
Unless of course you form a limited liability entity for the business, generally, all your personal belongings is going to be uncovered towards the perils of your company. This includes your accounts, brokerage accounts, retirement home as well as your other property. If your company is structured like a LLC, your individual assets are safe towards the maximum extent possible. Generally, it's the assets from the entity which are in danger, not your individual assets.
Can you explain how SIPC works in protecting investors' assets?
The Securities Investor Protection Corporation (SIPC) protects investors' assets in case a brokerage firm fails. SIPC provides up to 500,000 in coverage for securities and cash held by the firm. This coverage helps investors recover their assets if the brokerage firm goes bankrupt or engages in fraudulent activities.
The difference between assets and liabilities is?
assets are what the business owned and liabilities are what the business owe.
What are assets liabilities and equity?
It is the basic accounting equation which shows the relationship of business assets toward liability and equity and it tells that all assets must generate enough money to pay all liabilities and owner's capital to be successful business.
Is owners equity equal to the business liabilities less the business assets?
No. Owners Equity is equal to Business Assets less Business Liabilities.
Which accounting convention or doctrine is being applied when the owner's home computer is excluded from the assets of the business?
Business entity convention because owner’s assets must not be included with business assets
When account receivabes is collected cash the totl assets of the business increases?
Accounts receivable is also part of assets of business and cash as well so there is no difference on overall assets of business.
Common characteristic possessed by all assets?
Monetary Value
The properties owned by a business are called?
Assets
