Please login to use this feature. You can use this feature to add the product to your favourite list.
Close
You have added this product to your favorite list. Check My Favourite
Close
You have removed this product from your favourite list.
Close
Please login to use this feature. You can use this feature to add the company to your favourites list.
Close
This company has been added successfully. Check My Favourite
Close
This company has been removed from your favourite list.
Close
Please login to use this feature. You can use this feature to add the company to your inquiry cart.
Close
This company has been added to your inquiry cart.
Close
This company has been removed from your inquiry cart.
Close
This product has been added to your inquiry cart.
Close
This product has been removed from your inquiry cart.
Close
Maximum number of Product/Company has been reached in inquiry cart.
Close
SH MAH & ASSOCIATES
SH MAH & ASSOCIATES NF 1413
Business
Hours
Monday - Friday 9:00 AM - 6:00 AM
Saturday - Sunday Closed
We′re closed on Public Holiday
Open Closed
Onesync Platinum + SSM
60108146831
khh1339 WeChat QR
WeChat QR

Wechat ID: khh1339

How to differentiate between company assets and liabilities?

27-Feb-2024

How to differentiate between company assets and liabilities?

Definition of Assets and Liabilities:
Assets are the properties or valuable items owned by a company that are expected to generate future income.
Generally, if effectively utilized, future income is possible.
Liabilities are the company's borrowings or any obligations for repayment.
Depending on the nature of the obligation, it can be short-term or long-term.

Types of Assets and Liabilities:
Non-current Assets
Current Assets
Non-current Liabilities
Current Liabilities

How to calculate Assets and Liabilities:
Assets = Liabilities + Owner's Equity

Liabilities = Assets - Owner's Equity

Depreciation for Assets and Liabilities:
Assets:
All fixed (non-current) assets are subject to depreciation.
Examples include goods, cash, bank deposits, investments, accounts receivable, buildings, land, vehicles, furniture, copyrights, goodwill, etc.

Liabilities:
Depreciation applies only to assets; liabilities are not depreciable.
Examples of liabilities include accounts payable, bank overdrafts, accrued interest payable, short-term and long-term debts, real estate mortgages, etc.

Main Office

SH MAH & ASSOCIATES NF 1413
89-02, Jalan Adda 3/1, Adda Heights, 81100 Johor Bahru, Johor, Malaysia.

Tel:

Email:
Website: https://www.shmahassociates.com
Website: https://shmahassociates.newpages.com.my/
Website: https://shmahassociates.onesync.my/

Browse by : Home - Classifieds - Companies - Location - Tags - Products - News & Promotion - Job Vacancy - Mobile Website - Google - SEO Results

NEWPAGES

  • VN 2305
  • US 1459
  • CN 1233
  • BR 721
  • SG 672
  • GB 368
  • HK 331
  • CA 292
People Online
Seni Jaya Logo
Brochure
Download
Our PackageContact Us