Which of the Following Is Not an Asset

1 Answer to 1. Patent rights goodwill brand acknowledgment and protected innovation like licenses brand names and copyrights are largely a part of intangible resources.

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. An owners equity is not. It is as good as cash balance. It is a liability - amount to be payable to the.

In terms of the banks the deposits represent the liabilities of the banks while loans advanced and investments made by banks represent. Dont hesitate to ask questions and start discussions whenever you need professional advice. The primary objective of Unit Trust of India is.

Bank balance is part of current assets. Which of the following is not a personal-use asset. Which of the following is NOT an example of a liquid asset.

The amount owed to Mikes Music by its customers d. Which of the following accout titles will be debited. Debit cash credit supplies c.

Fixed Assets are long term tangible assets which consists of land building machinery etc. Which of the following accounts is NOT an asset account. First week only 499.

A holiday home on one hectare of land A set of golf clubs An option to acquire a personal use asset A debt relating to a personal use asset. Start your trial now. Taxes paid on hospital structures are considered to be direct costs.

This is called Financial intermediation. Current assets are short term assets which can be converted in to cash on need basis. When it comes to deposits with banks the assets and liabilities are defined as follows.

APrepaid rent bRent payable cRent revenue dRent expense. The inventory of musical instruments b. Kohler Company owns the following investments.

Furnishing and Equipment c. The building in which the store is located c. An asset is any commodity or item that has the potential of yielding returns for business owners in the future.

Which of the following is not an asset. A checking account Weegy. Increases in stockholders equity as a result of selling services or products to customers are known as.

An intangible asset or resource is an asset that isnt physical in nature. Acquired 500 worth of supplies on credit. Balance Sheet is a type of financial statement required to be reported by.

Which of the following is not an asset owned by Mikes Music. It means that the amount to be received from the bank either on demand or an maturity of the deposit. Which of the following asset is not an example of Intangible Fixed Assets.

Tap card to see definition. Taxes paid on hospital structures are considered to be direct costs. P948000 720k-85k 313 k 34.

Owners Equity is NOT an asset. Which of the following is not an asset. CASH is NOT an example of a liquid asset.

Paid the rent for the current month in cash. Which of the following is not recorded as an intangible asset in the balance sheet-Patents-Research and development-Trademarks-Goodwill. Which of the following is not an intangible asset.

In the case of depositor. Which of the following is not an asset. To diffuse the benefit of development among the masses.

Which of the following is not an asset. Which of the following are is not a fixed asset. Log in for more information.

To accumulate funds for public investment expenditure. Which of the following journal entries would be recorded. In the case of bank.

To promote the investment habit among those who have not been able to diversify investment risk. Click card to see definition. The equipment and fixtures in the store.

It is an asset - amount to be received from the bank. Is Goodwill A Current Asset Goodwill Is An Intangible Asset Meaning That It Is Not Associated With A Phys Line Of Credit Accounts Receivable Accounts Payable. Trading securities fair value P 60000 Available-for-sale securities fair value 35000 Held-to-maturity securities amortized cost 47000 Kohler will report securities in its long-term investments section of a.

A certificate of deposit b. To assist the industries in financial difficulties. Uk Company With Hsbc Or Barclay Bank Account Opened At Distance Offshore Offshore Bank.

Which of the following accounts is not a liability account. Debit supplies credit cash b. The correct answer is Deposits.

The key business of the banks is to accept different types of deposits from the public and then lend these funds to the borrowers. Current assets may consist of inventory debtors bills receivables cash on hand bank balance etc.

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All Of The Following Would Be Reported On The Balance Sheet As A Current Asset Except In 2022 Balance Sheet Asset Work In Process

Which Of The Following Is Not A Passive Process In 2022 Facilitated Diffusion Passive Organelles