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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.

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ROLCAM's Avatar
ROLCAM Posts: 1,437, Reputation: 250
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#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
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#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
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#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
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#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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