current assets, money in the bank, investments that can easily be turned into money, money that customers owe, stocks of goods that are going to be sold, fixed assets, equipment, machinery, buildings and land, intangible assets, things which you cannot see (e.g., goodwill, brands), goodwill, a company’s good reputation with existing customers, going concern, a company that has value as a profit-making operation, or one that could make a profit, depreciation/amortization, he loss of value over time because assets wear out or are no longer up-to-date., book value, the value of an asset at any one time, liabilities, a company’s debts to suppliers, lenders, the tax authorities, etc, current liabilities, debts that have to be paid within a year., long-term liabilities, long-term liabilities, balance sheet, a picture of a company’s assets and liabilities at the end of a particular period, usually the 12-month period of its financial year.

Assets & liability

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