Asset example sentences
The quick assets are defined as those assets which are quickly convertible into cash.'Eustress' is the term used to describe the level of stress that is good for you and is one of a person's best assets for achieving peak performance and managing minor crisis.The funds are required for purchasing fixed assets (fixed capital requirement), for running day-to-day operations (working capital requirement), and for undertaking growth and expansion plans in a business organisation.Purchase Consideration: Purchase consideration is amount paid by purchasing company in consideration for purchase of assets/business firm, another enterprise/vendor.In the public sector, the government owns most of the assets and provides all the services.It deprives him of the residual value of the asset.Under this method, a new account titled Asset Disposal Account is opened.These items are treated as expenditure in the year in which they are purchased even though they are assets in nature.Non-cash expenses such as depreciation on fixed assets and outstanding incomes and expenses are shown in the latter but omitted in the former.This was different from the international gold standard in the choice of the asset in which national currencies would be convertible.Any amount of surplus from assets given under first charge will be utilised for setting the claims for second chargeholder.In addition, they are required to maintain a stock register to keep complete record of all fixed assets and the consumables.Accordingly, all permanent long term assets, and capital and liabilities are shown at the beginning and liquid assets and liabilities are shown subsequently in order of their liquidity or maturity.When we purchase an asset, for example, a personal computer, for a sum of Rs.There is another tool called Statutory Liquidity Ratio which requires the banks to maintain a given fraction of their total demand and time deposits in the form of specified liquid assets.
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