TOTAL ASSETS Definition

Bookmark and Share

TOTAL ASSETS is the total of all assets; both current and fixed.

Learn new Accounting Terms

REVALUATION SURPLUS, under the revaluation model, increases in carrying amount above a cost-based measure are recognized as revaluation surplus.

COMMERCIAL PAPER is short-term obligations with maturities ranging from 2 to 270 days issued by corporations, banks, or other borrowers to investors who have temporarily idle cash on hand. Commercial paper is usually unsecured and discounted.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.