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Untradable assets (or nontraded assets, nonmarketable assets, or perfectly nonliquid assets) are assets that are not traded on the market. [1] Human capital is the most important nontraded assets. [2] Other important nontraded asset classes are private businesses, claims to government transfer payments and claims on trust income. [3]
In nonprofit accounting, an "operating reserve" is the unrestricted cash on hand available to sustain an organization, and nonprofit boards usually specify a target of maintaining several months of operating cash or a percentage of their annual income, called an operating reserve ratio.
Plant (Land, building and equipment) fund – Some organizations hold their non-current assets and related liabilities in a separate fund from the current assets. Current fund – unrestricted – If the organization holds his non-current assets in a plant fund then this is used to account for current assets that can be used at the discretion ...
Learn what assets are, the different types you can own and how they impact your financial growth.
An asset depreciation at 15% per year over 20 years. In accountancy, depreciation refers to two aspects of the same concept: first, an actual reduction in the fair value of an asset, such as the decrease in value of factory equipment each year as it is used and wears, and second, the allocation in accounting statements of the original cost of the assets to periods in which the assets are used ...
Both free and paid versions are available. It can handle Microsoft Excel .xls and .xlsx files, and also produce other file formats such as .et, .txt, .csv, .pdf, and .dbf. It supports multiple tabs, VBA macro and PDF converting. [10] Lotus SmartSuite Lotus 123 – for MS Windows. In its MS-DOS (character cell) version, widely considered to be ...
Example of a spreadsheet holding data about a group of audio tracks. A spreadsheet is a computer application for computation, organization, analysis and storage of data in tabular form. [1] [2] [3] Spreadsheets were developed as computerized analogs of paper accounting worksheets. [4] The program operates on data entered in cells of a table.
Marine biologists have captured a rare sight of a giant pod of over 1,500 dolphins leaping and swimming off the California coast.. The “super pod” of Risso’s dolphins was spotted in Carmel ...