Tangible Asset
Tangible assets are physical items a business owns that provide future economic benefits. Examples include machinery, vehicles, buildings, and equipment. They are recorded on the balance sheet and depreciated over time. Tangible assets are key components of a company’s long-term investment and operational capacity.
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Treasury Stock
Treasury stock refers to a company’s own shares that were issued and later repurchased from shareholders. These shares are held…
Turnover
Turnover refers to the total revenue generated by a business during a given period. In some regions, it’s used interchangeably…
Temporary Account
Temporary accounts track financial activity for a specific period and are closed at period-end. Examples include revenue, expense, and dividend…
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