Gilmour Knotts, Chartered Accountants – Domestic FAQ #153 Assests On My Company’s Financial Statements
Tax Question:What are assets on my company’s financial statements? Facts: An asset is considered a resource with economic value that can be measured in a monetary unit that is controlled by the corporation and expects to deliver a future benefit. Discussion: Assets can be classified as either current or long term, can be tangible or intangible. They […]