What is an asset listing?
Just so, what are the 3 types of assets?
Common types of assets include: current, non-current, physical, intangible, operating, and non-operating.
What Are the Main Types of Assets?
- Cash and cash equivalents.
- PPE (Property, Plant, and Equipment)
- Patents (intangible asset)
Additionally, what are example of assets? A company lists its assets on its balance sheet. Common asset categories include cash and cash equivalents; accounts receivable; inventory; prepaid expenses; and property and equipment. Cash, short-term investments and inventory are examples of current assets.
In this manner, what does list of assets mean?
List of Assets in Accounting. Asset consists of the resources which are owned or which are controlled by Corporation, individual or the government as the result of the events of the past with the motive of generating the cash flows in the future.
What are the list of assets in accounting?
The following are brief descriptions of some common asset accounts.
- Short-term Investments.
- Accounts Receivable.
- Allowance for Doubtful Accounts.
- Accrued Revenues/Receivables.
- Prepaid Expenses.