What Are Assets In Accounting? Assets in accounting are a medium through which one can undertake business, which is tangible or intangible in nature with a monetary value due to the economic benefits. Assets include property, plant and equipment, vehicles, cash or cash equivalent, accounts receiva...
Definition of Assets In accounting and bookkeeping, a company’s assets can be defined as: Resources or things of value that are owned by a company as the result of company transactions Prepaid expenses that have not yet been used up or have not yet expired Costs that have a future value...
百度试题 结果1 题目What is the accounting equation? A. Assets = Liabilities + Equity B. Assets - Liabilities = Equity C. Equity = Assets - Liabilities D. All of the above 相关知识点: 试题来源: 解析 D 反馈 收藏
In contrast, the accounting cycle tracks transactions from purchase until they're recorded on a financial statement. Physical existence: Tangible and intangible assets When assets are categorized by their physical existence, they are considered either tangible or intangible. Tangible assets: Tangible ...
结果1 题目What is the basic accounting equation? A. Assets = Liabilities + Equity B. Revenue – Expenses = Net Income C. Assets = Liabilities – Equity D. Liabilities = Assets – E. quity 相关知识点: 试题来源: 解析 A 反馈 收藏 ...
What is the basic accounting equation? A. Assets = Liabilities + Owner's Equity B. Revenue = Expenses + Owner's Equity C. Assets = Expenses + Liabilities D. Revenue = Assets - Liabilities 相关知识点: 试题来源: 解析 A null 反馈 收藏 ...
What is the basic equation of accounting? A. Assets = Liabilities + Equity B. Revenue - Expenses = Profit C. Depreciation - Amortization = Loss D. Cost of Goods Sold + Operating E. xpenses = Net Income 相关知识点: 试题来源: 解析 A ...
assets can be part of an investment plan designed to provide a steady supply of income that can be relied upon for financing activities such as retirement. There are a number of different types of earning assets and there are several different ways of viewing such assets for accounting purposes...
As with all financial ratios, it is best for a company to compare its debt to total assets ratio to: its ratio at an earlier date its targeted ratio…its goal the ratios at companies in the same industry Related Questions What is the debt ratio? What are accounting ratios? What is ...
Equity in accounting is the remaining value of an owner’s interest in a company after subtracting all liabilities from total assets. Said another way, it’s the amount the owner or shareholders would get back if the business paid off all its debt and liquidated all its assets. ...