What are the 20 examples of current assets?

What are the 5 current assets and current liabilities?

Current assets include cash, debtors, bills receivable, short-term investments, and so on. Current liabilities include bank overdrafts, creditors, bills payable, and so on.

What are 10 non-current liabilities?

Non-Current Liabilities List

• Long Term Loans. ...
• Debentures. ...
• Deferred Tax Liabilities. ...
• Bonds Payable. ...
• Long Term Lease Obligations. ...
• Product Warranties. ...
• Pension Benefit Obligations. ...
• Other Non-Current Liabilities.

What are current assets?

Current assets are a company's short-term resources, expected to be converted into cash, sold, or used up within one year or the normal operating cycle, whichever is longer, and include items like cash, accounts receivable, and inventory, crucial for funding daily operations and paying short-term debts (current liabilities). They are listed on the balance sheet in order of liquidity, showing a business's immediate financial health and ability to meet obligations.
 

What are 10 examples of fixed assets?

They are usually inventoried individually but grouped as follows in the fixed asset accounts in a company's general ledger.

• Land: ...
• Buildings and factories: ...
• Furniture and Fixtures: ...
• Leasehold Improvements: ...
• Computer hardware, software, and office equipment: ...
• Vehicles: ...
• Machinery and Equipment: ...
• Tools:

What are 5 examples of intangible assets?

Such an asset is identifiable when it is separable, or when it arises from contractual or other legal rights. Separable assets can be sold, transferred, licensed, etc. Examples of intangible assets include computer software, licences, trademarks, patents, films, copyrights and import quotas.

What are the major current assets?

The main components of current assets typically include cash and cash equivalents, marketable securities, accounts receivable, inventory, prepaid expenses, and other liquid assets.

What are the 20 examples of assets?

20 Examples Of Assets

• Cash & Equivalents. Cash and liquid securities such as bank drafts.
• Deposits. Deposits with financial institutions.
• Investments. Investments such as marketable securities.
• Precious Metals. ...
• Art & Collectibles. ...
• Accounts Receivable. ...
• Taxes Receivable. ...
• Inventories.

What are the four types of current assets?

7 types of current assets

• Cash and cash equivalents.
• Marketable securities.
• Accounts receivable.
• Inventory.
• Operating supplies.
• Prepaid expenses.
• Other liquid assets.

What is a list of assets?

An asset list is a list of ALL items you have purchased or acquired for conducting your business. ✔ The list should include a brief description of each item, the original cost and the year in which the item was obtained or purchased.

What are the 5 current and non-current assets?

Noncurrent Assets are long-term and have an operational life of over a year. Cash, marketable securities, inventory, and accounts receivable are a few examples of current assets. Real estate, long-term investments, trademarks, and PP&E are a few examples of noncurrent assets.

How to find out the current assets?

The current assets account can be found on a firm's balance sheet. Common examples of current assets accounts include: The cash and cash equivalents account: These include cash accounts, money markets, and certificates of deposit (CDs).

What is an asset and give 10 examples?

Examples of personal financial assets include cash and bank accounts; real estate personal property, such as furniture and vehicles; and investments, such as stocks, mutual funds, and retirement plans.

What are operating assets?

Operating assets are items that a business buys to help it run its day-to-day operations – in other words they help the business make money. This means things that help the business make money. These assets are not held for resale but are needed to run the company's main business.

Is a car a fixed asset?

A car is considered a fixed asset, not a current asset. This is because it's considered a long-term resource (used for over 12 months) to help the business generate income.

What are the five examples of current assets?

What are current assets examples? Current assets include cash, cash equivalents, accounts receivable, stock inventory, marketable securities, prepaid liabilities, and other liquid assets.

What are the 7 current liabilities?

Common current liabilities include:

• Accounts payable.
• Accrued wages and expenses.
• Short-term loans.
• Taxes payable.
• Unearned revenue.
• Current portion of long-term debt.

What are 10 examples of non-current assets?

Tangible non-current assets: Land, buildings, machinery, vehicles, and equipment. Intangible non-current assets: Patents, trademarks, copyrights, intellectual property, and goodwill (the premium paid over an acquired company's identifiable assets). Natural resources: Timber, natural gas, and fossil fuels.

What are the 5 noncurrent assets?

Key categories of non-current assets include property, plant & equipment (PP&E); investments; goodwill; and “other” intangible assets. Non-current assets are typically funded using longer-term financing like term debt, subordinated debt, or even equity funding structures.

What are Type 3 liabilities?

Type III liabilities

The third type of liabilities have uncertain future amounts but known payout dates. These are called Type III liabilities. An example of Type III liabilities are floating rate instruments and real rate bonds such as Treasury Inflation Protection Securities (TIPS).

What are the names of the 10 liabilities?

Ten common liabilities include accounts payable, short-term loans, long-term loans, mortgages, accrued expenses, deferred revenues, bonds payable, contingent liabilities, wages payable, and taxes payable.