how many type of assets
Answers were Sorted based on User's Feedback
Answer / gayatri jadhav
THERE ARE TWO TYPES OF ASSETS 1)FIXED ASSETS,&2) CURRENT
ASSETS.
Is This Answer Correct ? | 118 Yes | 36 No |
there are two types of asset- fixed asset n current asset.
1.fixed asset are those assets which are not easily
converted into cash. for ex; land, machinery, bulding,
furniture etc.
2.current assets are those which are easily converted into
cash. for ex ; stock, debtors,bills receivable etc.
Is This Answer Correct ? | 98 Yes | 17 No |
Answer / varsha mohan
There are two kinds of Assets -
1)Current assets
2)Fixed assets
Is This Answer Correct ? | 37 Yes | 12 No |
Answer / pradeep gunuguntla
There 6 types of assets:
1) Fixed assets
2) current assets
3)Liquid assets
4)absolute liquid assets
5) Fictitious assets
6)Wasting assets
Is This Answer Correct ? | 38 Yes | 27 No |
Answer / babai
there are two typs of assets.no.one -current assets and
no. two fixed assets.
all used in tally and accounts works.
Is This Answer Correct ? | 12 Yes | 3 No |
Answer / srinivasulu
Types of assets.
1.fixed assets
2.tangible assets
3.flextible assets
4.current assets
Is This Answer Correct ? | 48 Yes | 40 No |
Answer / zain ul hassan
there two assets no 1 [fixed assets and no 2 is current
assets]
Is This Answer Correct ? | 25 Yes | 19 No |
Answer / sandeep
main two types of assets .1 =fixed assets 2.=current assets
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / gurupathi
1.Movable assets
2.Immovable assets
3.long term assets
4.short term assets
Is This Answer Correct ? | 2 Yes | 0 No |
If a software is being purchased which can be used at its own for the purpose of implementation of computerisation of various customer accounting system. then what will be the treatment for the same in accounts ??? whether it will be considered as intangible assets or inventory?
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