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What is asset impairment?
Asset impairment is a financial term. When the projected worth of the asset is less than its current worth, the asset is considered to be impaired.
Is an unpaid loan an asset?
No, it is a debt and therfore cannot be considered an asset. the only way to term it an asset is to be the lender.
In accounting are wages considered liability or equity?
It is an asset.
Is jewelry a liquid or non liquid asset?
It depends on the type of jewelry being sold. I would generally say gems are not liquid because it takes time to sell them. Usually if it takes more than around 30 days to sell an asset than it isn't liquid. But if you knew that the particular jewelry being sold sells quickly then I would classify them as liquid.
Is an investment in a companies common stock considered a section 1231 asset?
no
In Illinois law is the engagement ring if acquired after the marriage a marital asset?
The engagement ring is not considered a marital asset, it would be considered a personal gift under the contract of marriage. If the marriage dissolves immediately or soon after, the husband may be able to receive it in a divorce settlement.
Is service rendered considered an asset or owner's equity?
an asset
what is a example of an asset?
Current Assets are assets that are considered to be liquidated easily. Cash is considered a current asset because of that reason, it is cash. Anything that can be turned into cash quickly is considered a current asset. Accounts receivable is also a current asset, while a Note Receivable is considered (non) or more appropriately, a "long-term" asset.
What is an example of a current asset?
Current Assets are assets that are considered to be liquidated easily. Cash is considered a current asset because of that reason, it is cash. Anything that can be turned into cash quickly is considered a current asset. Accounts receivable is also a current asset, while a Note Receivable is considered (non) or more appropriately, a "long-term" asset.
Is a friendship bracelet considered jewelry?
Yes, a friendship bracelet is considered jewelry.
What is asset impairment?
Asset impairment is a financial term. When the projected worth of the asset is less than its current worth, the asset is considered to be impaired.
Is temporary investments considered an asset?
Yes... technically it would be a Current Asset.
Is an unpaid loan an asset?
No, it is a debt and therfore cannot be considered an asset. the only way to term it an asset is to be the lender.
Is withdrawal considered an asset?
It is a liability
Data is considered as an economic asset like landlabor and capital?
why is data considered as an economic asset like land, labour and capital
What is an example of assets?
Current Assets are assets that are considered to be liquidated easily. Cash is considered a current asset because of that reason, it is cash. Anything that can be turned into cash quickly is considered a current asset. Accounts receivable is also a current asset, while a Note Receivable is considered (non) or more appropriately, a "long-term" asset.
What is fictitious asset?
A fictitious asset is a claimed asset that does not actually exist. It is considered fraud to claim a fictitious asset.
