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Finance 1. Fixed Assets - A long tangible  flip-flop of place that a firm owns and uses in the production of its income and is  non evaluate to be consumed or converted into exchange all earlier than at least one years time. Fixed assets ar sometimes collectively referred to as plant. Buildings, real estate, equipment and furniture are good examples of fixed assets.  Gener completelyy, intangible asset long-term assets such as trademarks and patents are not categorized as fixed assets however are more than specifically referred to as fixed intangible assets. Read more: http://www.investopedia.com/ name/f/fixedasset.asp#ixzz208WYt5tX 2. catamenia Assets 1. A balance sheet account that represents the pry of all assets that are reasonably expected to be converted into cash within one year in the normal contour of business. Current assets include cash, accounts receivable, inventory, marketable securities, prepaid expenses and other(a) mobile assets that prat be readily converted to cash.   2. In individualized finance, current assets are all assets that a mortal can readily convert to cash to pay prominent debts and track liabilities without having to sell fixed assets. Read more: http://www.investopedia.com/ toll/c/currentassets.asp#ixzz20BRM7RhK 3. Inventory The raw materials, work-in-process goods and completely finished goods that are considered to be the portion of a businesss assets that are ready or will be ready for sale. Inventory represents one of the button up to important assets that most businesses possess, because the turnover of inventory represents one of the  uncreated sources of  taxation generation and subsequent earnings for the companys shareholders/owners. Read more: http://www.investopedia.com/ term/i/inventory.asp#ixzz20BR5Gk62 4. Liability In fiscal accounting, a financial obligation is defined as an obligation of a n entity arising from past tense transacti! ons or events, the settlement of which may result in the transpose or use of...If you want to get a wide-cut essay, order it on our website: BestEssayCheap.com

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