View Full Version : Fixed asset or Intangible asset
playton
Dec 1, 2006, 08:58 PM
Is the U.S. Treasury Note. A Fixed or Intangible Assets.
ROLCAM
Mar 19, 2009, 02:13 AM
It is neither!
It should be shown under another heading
Called INVESTMENT ASSETS.
Elbilli
Sep 25, 2009, 02:10 PM
It is neither !!
It should be shown under another heading
called INVESTMENT ASSETS.
Investment asset is an intangible account.
ROLCAM
Sep 26, 2009, 04:33 AM
Investment Assets are very much a TANGIBLE
ACCOUNT.
Acct09
Nov 14, 2011, 06:43 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.