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What is capital work in progress?
Capital WIP is referred to as Assets under Construction and are represented by a specific Asset class. It is an asset on the balance sheet that is not considered to be a final product, but must still be accounted for because funds have been invested toward its production. It is thus a work that has not been completed but has already incurred a capital investment Usually depreciation is not charged on Capital WIP. Following are some examples of capital WIP: - A machinery under installation - A building under construction
A supposed asset for the South at the beginning of the Civil War that never materialized to its real advantage was?
Intervention from britiain and france.
Who was known as the father of modern rocketry?
Robert Goddard is considered (The Father of Modern Rocketry) because of his liquid-fueled rocket.
Perhaps the most influential most criticized and most revered of all first ladies?
sally ride
What most used name in the US?
In 2005 the most common male name was James, and the most common female name was Mary, and the most common surname was Smith.
What is least liquid current asset?
The least liquid asset that most people have is their house.
The most liquid asset is?
Money
Why is cash an asset?
Balance sheet is always maintained as most liquid asset at the top, so as the cash is the most liquid asset of business that;s why it is shown right at the top before all other less liquid assets.
Is land a liquid or non liquid asset?
is land a liquid asset
Is asset is cash?
Cash is an asset because it is the most liquid asset that is owned by a company that can be used to paid expenses or current liabilities.
Are sundry debtors a liquid asset?
liquid asset
Why is cash so important?
Because it is the most liquid asset
Which is the least liquid asset?
inventory is our least liquid asset.
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.
Money is the most liquid asset available because?
it has intrinsic value
What is the difference between current asset and liquid asset?
liquid asset can be converted into cash within a very short span of time...
Is a loan a liquid or illiquid asset?
liquid assets
