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Non Monetary Assets

2010/12/31 14:15:00 47

Non Monetary Assets Accounting

Non monetary assets refer to assets other than monetary assets, including inventories, fixed assets, intangible assets, equity investments and not.

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Holding to maturity bonds investment.


The most basic feature of non monetary assets is different from monetary assets, and the economic benefits they will bring to enterprises in the future, that is, the amount of money is not fixed or uncertain.

For example, the main purpose of a company's holding of fixed assets is to be used in the production and operation process, to pfer its wear value to the cost of products through depreciation, and then to profit from the sale of the product. The economic benefits of fixed assets in the future will be brought to the enterprise, that is, the amount of money is not fixed or uncertain. Therefore, the fixed assets belong to non monetary assets.


 

Generally speaking, the items that belong to non monetary assets listed in the balance sheet are: equity investment, prepaid accounts, and inventory.

Material Science

, packaging, low value and easily consumed goods, inventory commodities, commissioned processing materials, consignment goods, installment receipts for goods, production costs), not ready to hold up to maturity bonds investment, fixed assets, engineering materials, construction projects, and intangible assets.

Assets

And so on.

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