Nature of an Asset Is Best Described as

Equal to the business liabilities less the business assets B. 1 answer below.

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The nature of an asset is best described as an economic resource thats expected to benefit future operations.

. The main causes for this fall in value are wear and tear of assets. 1 The nature of an asset is best described as a. The nature of an asset is best described as A.

An economic resource representing cash or the right to receive cash in the near future. Something with physical form which is valued at cost in accounting records. Examples of growth assets are.

The discounted expected future cash flows. The nature of an asset is best described as. An asset is therefore something that is owned by you or something that is.

Something with physical form thats valued at cost of purchase in the accounting records. Antiques Defensive assets generate income for the holder primarily from interest. A Something with physical form which is valued at cost in the accounting records.

Which financial statement covers a period of time. Something with physical form thats valued at cos. The amount of the owners investment in a.

Answer of The nature of an asset is best described as. Defensive assets generate income for the holder primarily from interest. Cash and paper money US Treasury bills undeposited receipts and Money Market funds are its examples.

Something owned by a business that has a ready market value. Something with physical form thats valued at cost in the accounting records. Anything of value owned by the business B.

Listed on the right-hand side of a balance sheet D. Common types of assets include current non-current physical intangible operating and non-operating. Something owned by a business that has a ready market value.

An asset is a resource owned or controlled by an individual corporation or government with the expectation that it will generate a positive economic benefit. Recognized in profit or loss after deducting any revaluation surplus previously recognized. The nature of an asset is best described as.

They are normally found as a line item on the top of the balance sheet asset. What the business owe. The nature of an asset is best described as an economic resource thats expected to benefit future operations.

D Something owned by a business that has a ready market value. On a balance sheet Assets. The owners interest or worth in the business C.

An economic resource thats expected to benefit future operations. The nature of an asset is best described as A. Assets also include certain deferred charges that are not resources but that are recognised and measured in conformity with generally accepted accounting principles.

Andrew Teasdale Created Date. Cash stocks bonds mutual funds and bank deposits are. Which of the following best describes owners equity.

The amount a person offers to pay. An economic resource thats expected to benefit future operations b. Following are the characteristics of assets.

B An economic resource owned by a business and expected to benefit future operations. An economic resourceowned by a business. Something that a business owes.

A The amount of the owners investment in a business. Accounts receivables and inventory. Always equal to a liability C.

An assets value is best described as a. D Tangible property something with physical form owned by a business. In an accounting sense the term asset is used first to refer to something that has value since value can be derived from it and second to refer to any right to value.

An economic resource representing cash or the right to receive cash in the future. Something with physical form thats valued at cost in the accounting records. An economic resource representing cash or the right to receive cash in the near future.

Debited directly to revaluation loss as component of other comprehensive income. An economic resource thats expected to benefit future. Assets denote economic resources of an enterprise that are recognised and measured in conformity with generally accepted accounting principles.

Which of the following best describes the nature of an asset. An economic resource owned by a business and expected to benefit future operations. What the owner owes the business D.

An economic resource thats expected to beneft future operations. An exchange between buyers and sellers. The concept asset therefore refers to something that can be used or consumed in the future to generate value.

The liability may be a legal obligation or a constructive obligation. Something with physical form thats valued at cost in the accounting records. The nature of an asset is BEST described as.

B An economic resource owned by a business which of ill provide some future benefits. The nature of an asset is best described as. If an assets carrying amount is decreased as a result of revaluation the decrease shall be.

The trade-off between risk and return. C An economic resource representing cash or the right to receive cash in the near future. Something with a ready market value.

An economic resource representing cash or the right to receive cash in the future. An asset is anything of value owned by the business. An asset is a resource with economic value that an individual corporation or country owns or controls with the expectation that it will provide a.

The values of these assets tend to hold steady or can decline after the effects of inflation are considered and so tend to be a more conservative form of investment. Something owned by a business that has a ready market value. Te nature of an asset is best described as a.

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