2 types of assets

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There are two types of assets. Let's look at each of them in more detail.

Current assets or CAs
These are the resources of the organization, the expenditure of which occurs over a short period of time. They generate income within one calendar year or an operating cycle paraguay mobile phone numbers database lasting no more than one year.

Current assets are presented in the form of cash and accounts receivable. The second is called debt obligations of third parties to the organization. For example, your company provided a service to a client in the amount of 50,000 rubles, and in the near future this money will be received in your account. These funds are accounts receivable, which are included in current assets.

Non-current assets
These are those who take direct part in the turnover of the company's funds.

These include fixed assets in the form of buildings, structures, equipment, etc., as well as intangible assets and capital investments.

Non-current assets

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The cost of fixed assets is determined, as a rule, once a year during the inventory process. Almost all property is taken into account: equipment, furniture, computing equipment, i.e. everything that can be sold and receive money for it.

Capital investments are understood as investments in the acquisition of new or modernization and repair of existing fixed assets with the aim of generating profit in the future.

Intangible assets are not as common as fixed assets. They include intellectual property - articles, inventions, know-how, trademark value, etc. It is quite difficult to give an accurate assessment of intangible assets; to do this, they need to be analyzed from the point of view of potential income.


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2 types of liabilities
The organization's equity capital consists of:

Authorized capital – funds invested by business owners during its registration.

Additional capital – additional investments by owners, in addition to the authorized capital.

Reserve capital, which is finance set aside from profits for specific purposes, such as to cover future losses and other unforeseen expenses.

Accumulated profit, i.e. the net profit or loss of the company for the entire period of its existence. This information can only be found in the OPiU report, and not in the ODDS.

Dividends paid to owners or shareholders.

Liabilities in business can be long-term and short-term.

Short-term loans are:

funds borrowed by an organization from a bank or an investor and subject to return within a year;

accounts payable, i.e. debt obligations, for example, unpaid bills for goods or services, advances received, wage arrears to employees.

Long-term loans are funds with a repayment period of more than one year.