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- Other assets are assets that do not fit into the main categories of current assets, long-term assets, or intangible assets12.Examples of other assets include12:
- Advances to employees or suppliers
- Bond issuance costs
- Deferred tax assets
- Prepaid expenses
- A piece of property that is being readied for sale
- Restricted cash or investments
- Cash surrender value of life insurance policies
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Examples of assets that may be classified as other assets are advances to employees, bond issuance costs, deferred tax assets, and prepaid expenses. November 26, 2022/Steven Bragg/
www.accountingtools.com/articles/other-assetsExamples of other current assets (OCA) include:
- Advances paid to employees or suppliers
- A piece of property that is being readied for sale
- Restricted cash or investments
- Cash surrender value of life insurance policies
www.investopedia.com/terms/o/othercurrentassets.… - People also ask
WEBApr 9, 2024 · Other assets are minor assets that do not fit into current or fixed assets categories. Learn what types of assets can be classified as Other Assets, such as advances, bond issuance costs, deferred tax assets, deposits, prepaid expenses …
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