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Which one of the following payments is an asset A check drawn for petrol A check drawn by the owner for his own use A check drawn to pay as a deposit for rent?
Wiki User
∙ 11y ago
a cheque drawn to pay as a deposit for rent
Wiki User
∙ 11y ago
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What is unexpired interest?
an asset, which is debited!
Meaning of assest?
There is no word asset in the English language. However, assets is a word in the English language. This word means people or materials that are of value or owned.
Which 5 letter words end with letters 'et'?
asset, beret, cruet, egret, greet, inlet, motet, nonet, octet, quiet, reset, sweet, tenet, unset, valet
How do you find a Shirt asset id on roblox?
Well if your on the page of the shirt go to the URL and at the end it has a bunch of numbers and that's the ID or when in build mode wear it and go to ur ROBLOXian in workspace then the URL is there and at the end its ID is there.
What are 5-letter words that start with the letter a?
Abbey, abide, abode, abort, alarm, alibi, alive, alley, amend, angel, apple, arson, asset, attic, avert, awake, award and awful begin with the letter a. They are five letter words.
Is electricity deposit an asset?
Yes, a utility deposit is an asset.
Is rented equipment considered an asset?
Rented Equipment is not an asset. If there is a refundable security deposit, that amount would be posted as an asset. The rental payments are usually posted to Equipment Rental Expense and no further accounting is necessary.
What is the journal entries for deposit paid on a asset?
deposit account (asset) = dr bank =cr
Is a certificate of deposit a current or fixed asset?
Certificate of deposit if purchased for one year then current asset otherwise long term asset.
Fixed deposit is fixed asset or current assest?
A fixed deposit in the name of a firm is not a fixed asset.
Is fixed asset a current asset?
fixed deposit is an assets
Is a security deposit a current asset or current liability?
Current Asset
Is fixed deposit an asset?
Yes. An Asset is something that has a value and can be sold/converted to cash.
Is Utility deposit considered accounts payable?
No, generally a utility deposit is not a payable. On the rare chance that the company allows you to "make payments" on the deposit, until it is paid, the it would be a payable, however, that generally is not the case. A utility deposit is generally required as a "security" deposit to the company providing the service and as a rule must be paid in advance before said service can be activated. Most companies after a prescribed amount of time will and certain requirements are met (no late payments, no disconnection, etc) will refund the deposit to the person/company. If this is the case, then a utility deposit that may be refunded after a certain period of time is actually considered an asset.
Where does the fixed deposit appear in balance sheet?
Current asset
IF SOC.SEC. AND V.A. PAYMENTS CAN NOT BE LEVYED.BUT IF YOU HAVE DIRECT DEPOSIT CAN A CREDITOR TAKE IT ONCE IT IS IN THE BANK?
Yes, if the creditor puts a lien on your bank account or freezes your funds this money can be effected because it is considered an asset once it is in your account.
Is bank loan an asset?
A bank loan is an asset for the bank as bank receives interest and principle payments from borrower.
