Question

What is the best definition of a non-current asset?

Answer 1

Noncurrent assets are company long-term investments where the full value will not be realized within the accounting year. Examples ofnoncurrent assets include investments in other companies, intellectual property (e.g. patents), and property, 
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Answer 2

Answer:

What is the best definition of a non-current asset?

Explanation:

What Are Noncurrent assets?

Noncurrent assets are a business enterprise's lengthy-term investments for which the entire value will not be found out inside the accounting yr. they may be generally fairly illiquid, meaning those property can't without problems be transformed into cash. Examples of noncurrent assets consist of investments, intellectual property, real property, and equipment. Noncurrent belongings appear on a company's stability sheet.

• Noncurrent assets are a agency's long-term investments that are not without problems transformed to coins or are not predicted to emerge as cash inside an accounting year.
• additionally called long-time period belongings, their fees are allocated over the range of years the asset is used and appear on a employer’s stability sheet.
• Noncurrent assets fall underneath 3 principal classes: tangible property, intangible property, and herbal resources.
• Examples of noncurrent property consist of investments, highbrow belongings, real estate, and system.

What is the best definition of a non-current asset?

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What is the best definition of a non-current asset?

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