Drills in Assets

tables, chairs, curtains, lighting fixtures, and wall decors

• equipment

• furniture & fixtures

• intangible asset

• land and building

typewriter, air conditioner, calculator, filing cabinet, computer, electric fan, trucks, cars used in business

• equipment

• furniture & Fixtures

• intangible assets

• land and buiding

an account representing the amounts owed by charge customers evidenced by a note

• notes payable

• accounts payable

• accounts receivable

• notes receivable

edifice, structure used to house the office, store or factory

• equipment

• furniture & fixtures

• intangible asset

• land and building

lot used by the business on which a building can be constructed

• equipment

• furniture & fixtures

• intangible assets

• land and building

non monetary assets without physical substance held for use in the production or supply of goods....

• inventory

• accounts receivable

• intangible assets

• tangible assets

an account representing the amounts owed by charge customers

• accounts receivable

• notes receivable

• accounts payable

• notes payable

represent the unsold goods at the end of the accounting period

• inventory

• accounts receivable

• prepaid expense

• advance t9 employees

include supplies bought for use in the business or services and benefits paid in advance

• inventory

• prepaid expense

• accounts receivable

• marketable securities

a contra-asset which is deducted to get the book value or carrying value of the asset

• allowance for bad debts

• accumulated depreciation

• bad debts

• depreciation