Examples of 'asset account' in a sentence
Meaning of "asset account"
asset account: a financial record that tracks the value of assets owned by an individual or organization
How to use "asset account" in a sentence
Basic
Advanced
asset account
Is a contra asset account with a credit balance.
Prepare financial reports andcapital asset account.
Fixed asset account.
Press this to create a new asset account.
Its flagship product is Multi Asset Account for private customers with bound card.
We just immediately put that on asset account.
E is an asset account.
Decreases in assets are recorded by credits to the asset account.
In a liquid asset account.
Bad debts where you would basically create the contra asset account.
Create a new asset account.
This means debiting fixed assets increases the amount in a fixed asset account.
To charge an expenditure to a capital asset account rather than to an expense account.
A business will most often have more than one asset account.
It is an asset account.
See also
A contra-asset behaves in an opposite manner from an asset account.
Delete obsolete inventory from the inventory asset account and charge it to an expense account.
If the asset account does not yet exist, press this button to create it.
Additional names for asset account.
Another contra asset account is Allowance for Doubtful Accounts.
A credit will decrease an asset account.
Other changes in asset account stock-flow reconciliation account.
Items to be booked to an asset account.
Now, we do offer a liquid asset account that would allow you to withdraw any amount.
Depreciation reduces net income, and it reduces the amount of the asset account.
Conversely, a decrease to an asset account is a credit.
The asset account shows all items concerned with the ownership of money, buildings, and equipment.
Is recorded as an asset account.
ACCOUNT INDEX CODE, A digit or an alpha-numeric sequence that corresponds to a particular financial asset account.
This increases the company 's asset account Accounts Receivable.
For example, if fuel costs ( an expense account ), are debited to stock an asset account.
So, to increase the asset account balance, we will debit it.
There are many advantages to opening your asset account in Switzerland.
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Examples of using Account
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Taking into account a balanced regional approach
I will buy the stock through my account
On account of the fact that he was nice to my mom
Examples of using Asset
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Might be an intelligence asset or someone under investigation
Assets with duplicate asset identification numbers
Public services are an asset for sustainable development
