Yes, Equipment is an example of asset. Equipments are considered an asset because it is an important resources with value owned by a business or entity to operate. Equipment normally falls under the category of non-current assets since it is a long-term asset that has a useful life more than 1 year. Example of equipment can be truck, office tools and equipment and office machines.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
Para yung iba na hindi pwedeng maguwi ng books or wala sa school nila ang hinahanap na books meron pa silang matatakbuhan na ibang lugar na hindi sila gagastos. Hindi lang ang mga nag aaral ang makakukuha ng benepisyo rito dahil lalagyan din ito ng mga magazines at iba pang pwede makatulong sa pamumuhay at hanapbuhay.
In Africa, many exporters lose sometimes half of their potential export earnings because European Union regulations are different from the international standards set by the International Organization for Standardization. By adopting international standards of global best practices in trade should result in the promotion of sustainable development while decreasing negative impact on the environment.
Mga karapatang pantao na nilabag ng tao.
1. Wag pumatay
2.Wag man husga
3. Wag mag nakaw