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Fixed asset or Intangible asset

Asked Dec 1, 2006, 07:58 PM — 4 Answers
Is the U.S. Treasury Note. A Fixed or Intangible Assets.

4 Answers
ROLCAM's Avatar
ROLCAM Posts: 1,437, Reputation: 250
Ultra Member
 
#2

Mar 19, 2009, 02:13 AM
It is neither !
It should be shown under another heading
Called INVESTMENT ASSETS.
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Elbilli's Avatar
Elbilli Posts: 4, Reputation: 1
New Member
 
#3

Sep 25, 2009, 02:10 PM
Quote:
Originally Posted by ROLCAM View Post
It is neither !
It should be shown under another heading
Called INVESTMENT ASSETS.
Investment asset is an intangible account.
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ROLCAM's Avatar
ROLCAM Posts: 1,437, Reputation: 250
Ultra Member
 
#4

Sep 26, 2009, 04:33 AM
Investment Assets are very much a TANGIBLE
ACCOUNT.
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Acct09's Avatar
Acct09 Posts: 1, Reputation: 10
Junior Member
 
#5

Nov 14, 2011, 05:43 PM
Under US GAAP:

If the original maturity of your treasury note is 90 or less it should be cash and cash equivalents.

If original maturity is greater then 90 days, it's an investment.

If it's a marketable security then it requires certain investment disclosures.
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