Give some examples of assets. thank you for helping me with my homework

Answers

  • Réponse publiée par: snow01

    Subject Economics

    ASSETS

    In accounting, assets are any resources with value owned by the business, company, entity or person. Assets have two categories, these are:

    Current AssetsNon-current Assets1. Current Assets

    -these are assets that can be readily convertible to cash in a normal operating cycle of a business.

    Some Examples of Current AssetsCash and cash equivalentsAccounts ExpensesMarketable Securities2. Non-current Assets

    -these are long-term assets or long-term investments that have a longer useful life that is usually more than 1 year. Not easily convertible to cash.

    Some Examples of Non-Current AssetsLandProperty, Plant and EquipmentTrademarksLong-term InvestmentsGoodwill

    All fixed assets and intangible assets fall under the category of non-current assets.

    What is the opposite of assets

    For related topics about accounting equation

    Code: 11.11.3.7.

  • Réponse publiée par: Jelanny
    Assets

    In accounting, assets are the resources that a company owns and has monetary value.

    Two types of asset:Current asset - assets that are usable or convertible to cash within a year or operating cycle of a business.Non-current asset - assets that can't be used or converted to cash within a year or operating cycle of a business.Examples of current asset:Cash and cash equivalentsSuppliesGoods-on-processExamples of non-current asset:LandMachinesIntangible assets

    #answerForTrees

  • Réponse publiée par: reyquicoy4321
    1. A

    2.B

    3.D

    SANA MAKATULONG:)
  • Réponse publiée par: kelly072

    ithink there is 2 problem

    the profit is:26

Connaissez-vous la bonne réponse?
Give some examples of assets. thank you for helping me with my homework...