Current Asets - urgent
Querist : Anonymous
Intangible assets are those which can not be quantified easily and does not physically exist.
Querist : Anonymous
Assets may be classified as under :
(a) Current Assets
Assets which are in the form of cash or convertible into cash easily are called current assets. Cash, Bills Receivable, debtors and stock are current assets.
(b) Fixed Assets
Assets in the form of immovable properties like furniture, land, building and Machinery are called fixed assets. These are not for conversion into cash.
(c) Intangible Assets
These are the assets which cannot be seen like goodwill, patents, etc
Click here to login now
Similar Resolved Queries
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- STCG....................................................
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Treatment of Pension ?annuity returns on PMVY
- GST ON DAMAGED GOODS
- Long Term Service award taxability in hands of company
- Loan by Partnership Firm
- REGARDING GST LIABILITY/....
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
