Login

Post on Medial

Tushar Aher Patil

Stealth • 27d

Day 5 About Basic Finance and Accounting Concepts Here's Some New Concepts An asset is anything that an individual, company, or government owns that holds value and can generate future benefits. Assets are essential components in financial accounting and analysis, as they represent resources that can help an entity achieve its goals. They are generally classified into several categories based on their nature and liquidity (how quickly they can be converted into cash). Types of Assets 1. Current Assets Assets that are expected to be converted into cash or used up within a year. Examples: cash, cash equivalents (like treasury bills), accounts receivable (money owed by customers), inventory (goods for sale), and short-term investments. 2. Non-Current Assets (Fixed Assets) Long-term assets used for more than one year, often for business operations. Examples: property, plant, and equipment (like buildings and machinery), land, and long-term investments.

0 replies4 likes

More like this

Recommendations from Medial

Tushar Aher Patil

Stealth • 25d

Day 7 About Basic Finance and Accounting Concepts Here's Some New Concepts 8. Liquid Assets Easily convertible into cash without a significant loss in value. Examples: cash, cash equivalents, and accounts receivable. 9. Illiquid Assets Assets

See More
0 replies4 likes
1

Tushar Aher Patil

Stealth • 22d

Day 9 About Basic Finance and Accounting Concepts Here's Some New Concepts 2. Non-Current (Long-Term) Liabilities Non-current liabilities are long-term debts that are due beyond one year. These are generally used to fund large purchases or investme

See More
0 replies4 likes

Tushar Aher Patil

Stealth • 23d

Day 8 About Basic Finance and Accounting Concepts Here's Some New Concepts In finance, Liabilities represent obligations or debts that an individual or organization owes to others. They indicate an outflow of resources, either cash or services, that

See More
0 replies6 likes

Tushar Aher Patil

Stealth • 26d

Day 6 About Basic Finance and Accounting Concepts Here's Some New Concepts 3. Tangible Assets Physical assets that have a physical form and can be touched. Examples: machinery, real estate, vehicles, inventory, and office supplies. 4. Intangibl

See More
0 replies9 likes
3
Image Description
Image Description

Piyush Rawat

Stealth • 7m

Ideas dont need to be that Complex. Simple Ideas Converted into Quality Product is What I think Sells Hit me up with a debate, or examples to oppose.

6 replies7 likes
Image Description
Image Description

Rahul S.

 • 

Antal International • 4m

So WazirX got hacked and hackers stole $230M crypto assets. They are actively converting the stolen assets into Ethereum.

2 replies4 likes

Tushar Aher Patil

Stealth • 22d

Day 10 About Basic Finance and Accounting Concepts Here's Some New Concepts 3. Contingent Liabilities Contingent liabilities are potential obligations that may arise depending on the outcome of a future event. These liabilities are not always guar

See More
0 replies3 likes

Tushar Aher Patil

Stealth • 1m

Day2 About Basic Finance Concepts Here's Some New Concepts 2. Corporate Finance Capital Budgeting: Deciding on long-term investments like new projects or equipment to enhance business profitability. Capital Structure: Determining the best mix of d

See More
0 replies4 likes
1
Image Description

Mr Hustler

Stealth • 6m

Date: 18/5/24 Millions of us believed that even there is 1% chance it can be converted into 100% if you are passionate, disciplined and dedicated about achieving your goals. #rcb #virat kohli

1 replies7 likes
Image Description
Image Description

Pranav Nirmal on Hiatus

Stealth • 7m

A study app, where concepts broken into small parts and being taught in 1-2 mins like in shorts..

7 replies9 likes

Download the medial app to read full posts, comements and news.