Finance terminology: Difference between revisions
From wikinotes
(Created page with "= TBD = <blockquote> {| class="wikitable" |- | asset || equipment, furniture, buidings, cash, etc. (sub-classified as property, plant, equipment) |- | equity || |- | liability...") |
No edit summary |
||
| Line 16: | Line 16: | ||
Resources a company owns or controls (ex. equipment, machinery, furniture, cash etc.)<br> | Resources a company owns or controls (ex. equipment, machinery, furniture, cash etc.)<br> | ||
subclassified as property/plant/equipment. | subclassified as property/plant/equipment. | ||
{| class="wikitable" | {| class="wikitable" | ||
| Line 28: | Line 27: | ||
|} | |} | ||
</blockquote><!-- Assets --> | </blockquote><!-- Assets --> | ||
= Accounting = | |||
<blockquote> | |||
{| class="wikitable" | |||
|- | |||
| income/revenue || profit from sales, service, interest on loan | |||
|- | |||
| accounts receivable || money owed (ex. rent, loan payments, deferred tax) | |||
|- | |||
|} | |||
</blockquote><!-- Accounting --> | |||
Revision as of 23:32, 6 November 2021
TBD
asset equipment, furniture, buidings, cash, etc. (sub-classified as property, plant, equipment) equity liability
Assets
Resources a company owns or controls (ex. equipment, machinery, furniture, cash etc.)
subclassified as property/plant/equipment.
goodwill assets acquisition for more than cost of identifiable-assets intangible assets copyrights, trademarks, etc. returns dividends, interest paid on an investment
Accounting
income/revenue profit from sales, service, interest on loan accounts receivable money owed (ex. rent, loan payments, deferred tax)
