What is the meaning of non performing assets?
Submitted by: AdministratorA non performing asset is one which does not earn any income. For example you have built a house consisting of 3 floors and the whole building is occupied by your family member and does not earn any rent, then this is called as a non performing asset.
A non performing asset is a type of asset which does not earn any income and these asset unable to cover up the investment put into it to hold.
if dues in the form of intrest and principle are not paid by borrower for the period of 90 days then the assets is called as N.P.A
Submitted by: Administrator
A non performing asset is a type of asset which does not earn any income and these asset unable to cover up the investment put into it to hold.
if dues in the form of intrest and principle are not paid by borrower for the period of 90 days then the assets is called as N.P.A
Submitted by: Administrator
Read Online Fixed Assets Job Interview Questions And Answers
Top Fixed Assets Questions
☺ | What are fixed asset? |
☺ | What is the difference between the different depreciation methods? |
☺ | What is the meaning of non performing assets? |
☺ | What are the various means of calculating depreciation? |
☺ | After run depreciation i have forget calculate depreciation of one asset then how to calculate depreciation of that asset? |
Top Business and Economics Categories
☺ | Taxation Interview Questions. |
☺ | Economics Interview Questions. |
☺ | Accounts Receivable (AR) Interview Questions. |
☺ | General Ledger Interview Questions. |
☺ | Fixed Assets Interview Questions. |