--%>
Assignment Help - homework help

Asset

 

Owned by an entity, something that provides benefits and whose cost can be measured. The measure of the value of assets in dollar appears on the balance sheet for something to be classified as an asset, and to appear on the balance sheet. Balance sheet must provide probable future benefits, be owned by the entity as a result of a past transaction, and have a value that is measured using generally accepted accounting principles. Examples include patents, land and cash.

 

 

 

   Related Questions in Financial Accounting

  • Q : Investing in dual currency bonds What

    What an investor should consider before investing in dual currency bonds?

    		•
  • Q : Advantage of Historical Cost in

    What is the advantage of Historical Cost in Decision Making?

    		•
  • Q : Describe the term Operating Expenses

    Describe the term Operating Expenses in business accountancy?

    		•
  • Q : Interbank currency trading Explain, why

    Explain, why do most interbank currency trading globally include the U.S. dollar?

    		•
  • Q : Case study of a global economy The

    The economic recovery is seemingly on track and in fact strengthened during the first half of 2010. The global financial market however, suffered a setback with the turmoil in sovereign debt markets leading to sharp currency movements. The extent of recovery varies ac

    		•
  • Q : Relative and absolute purchasing power

    Explain about the purchasing power parity, both the relative and absolute versions. List the things which results in the deviations from purchasing power parity?

    		•
  • Q : Social issues & person statuses Think

    Think of person you will who often irritates you or whose behaviour greats on your nerves. First list that person statuses and role then analysed his or her possible role expectations, role performance, role conflict and role strai

    		•
  • Q : Asian firms building the production

    Since NAFTA was developed, several Asian firms particularly those from the Korea and Japan has made the extensive investments in the Mexico. Why do you think these Asian firms decided to build the production facilities in the Mexico?

    		•
  • Q : Matlab Applications in Control System

    Student faces a lot of difficulties in Matlab control system assignments and topics. If you are also having same issues and problems then www.tutorsglobe.com is the best available solution for you. We have highly skilled and experienced tu

    		•
  • Q : Historical Cost of Fixed Assets What

    What are the Historical Cost of Fixed Assets?

    		•