What are accounting assets❓

What are accounting assets❓

For this article, we would like to offer some tips about the asset's accounting that is what it is to leave each other. If you're ready, let's go see it.

🔹 Get to know accounting assets

Accounting assets are those resources that exist and are in the control of the entity. which this property may be something that is tangible or not Able to make an appraised value as an amount Such resources are the result of past events in which the entity anticipates the economic benefits of the resources in the future. which can be classified about assets into 3 types as follows

1.Current assets This will be in the form of cash or assets that may be sold or converted to cash or will be exhausted within a period of 12 months from the date of the balance sheet. within the period of normal time operation Items related to current assets are sorted in the balance sheet according to liquidity, i.e. any items that are close to cash or able to change according to cash are displayed. before

2. Fixed assets which is a tangible property and has a useful life of more than one year, which the entity has for use in the production of goods or services to generate income for the business For example, a fixed asset such as a car, building, land, etc., which if it is a tangible asset and has a useful life of more than one year, but is not intended for the production of goods or services of the entity. will not be considered a fixed asset. for example If the business is a business in the sale of cars in the car that is intended for sale Therefore, it is not considered a fixed asset, but is considered an inventory item or if the entity purchases the land for speculation. If there is an increase in the price of that land and the sale of this plot of land This plot of land will not be considered a fixed asset and will be considered a long term investment.

3. Other assets In which assets other than the aforementioned assets, in accounting, other assets refer to intangible assets. For example, patent concessions and so on. For other assets, this will be useful for a period of more than one year.

🔹What are the assets?

what are the assets in that accounting Let's take an example of two types of assets.

1. Tangible assets It is a tangible, visible and tangible asset that is held for use in an entity. Take, for example, computer equipment. Air conditioning, cash, office equipment, buildings and others. many etc.

2. Intangible Assets It is an intangible asset that cannot be seen and cannot be touched, but can be valued for its monetary value. ask for example list of customers relationship with customers or sellers various phone numbers of the company trademark in scientific knowledge technical knowledge Intellectual Property and others many etc.

How are you? Hope this article will be useful for all readers and see you in the next article.

-------------------------------------------------------------------------------------

Details of online marketing services

>> https://www.chatstickmarket.com/langran

Examples of various brands that we take care of online marketing

>>https://www.chatstickmarket.com/portfolio

---------------------------------------------------------------------------------------

💙 Consult our team 💙

📱Tel : 0840104252 📱0947805680

Office Hotline : 034-900-165 , 02-297-0811 (Monday-Friday)

📨 Inbox : http://m.me/ChatStick.TH

┏━━━━━━━━━┓