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Assets are things that a company owns that have value. This typically means they can either be sold or used by the company to make products or provide services that can be sold. Assets include physical property, such as plants, trucks, equipment and inventory. It also includes things that can’t be touched but nevertheless exist and have value, such as

Assets are to be recorded and valued based of the type of asset there are.

Classify each of the items as an asset, liability; revenue; or expense from the company's viewpoint. Also indicate the normal account balance of each item.

Accounts Receivable, Other Receivables, Allowance for Doubtful Accounts, Bad Debt ExpenseInventories and Reserve for Inventory Obsolescence

and the all the stock within the store. An asset to the company can be seen as anything that has

Real property is property that can not be moved off the grounds. Any thing that is attached to the property is cancidered real property.

| |financial statements related to cash and cash equivalents, receivables, and inventories. | | |

Your company has goods primarily held for resale. You have been asked whether or not they are considered nonmonetary assets.

Account Cash Accounts receivable Inventory Supplies Computer equipment Accumulated depreciation Accounts payable Note payable, long-term Jerry Mobile, capital Jerry Mobile, withdrawals Sales revenue Cost of goods sold Depreciation expense

“Assets are economic resources that have expected future benefits to the business” (Baker, 2014). There are short and long term assets. Short-term assets are assets that will be utilized within a year. Examples of short-term assets are cash, inventory, and accounts receivable. Long-term assets are assets that will continue to beneficial longer than a year. Examples of long-term assets are buildings, land, and equipment.

4. Financial assets are receivables between companies where they both agree with the contractual rights that they will receive cash or other financial assets (Donald Kieso).

There are two types of intangible assets, those that have been purchased by organizations and secondly

There are various government structures in organizations although they are different from one branch of the government to the other. The structures help the government manage its economy efficiently. In the economy a too big to fail firm (TBTF) exists and it is defined as one that its complexity, size, critical functions, and interconnections are in the sense that in case the firm goes into liquidation unexpectedly, the rest of the economy and financial system will face severe consequences. The government provides support to TBTF companies not because they favor them but because they recognize implications for an advanced economy of allowing a disorderly failure outweighs the cost of avoiding the failure. Helping the TBTF firms enable the economy to realize high revenue. Various activities are to prevent their failure. They include providing credit, facilitating a merger, or injecting the capital of the government. The paper addresses the structures of the administration and the concept of too big to fail in financial and non-financial institutions plus the ethics involved with the theory.

liabilities he owes and the amount of capital he has. Normally, the lists of assets should be

Assets can be hard goods such as computers and equipment, but can also be information and intellectual property.