Gym equipment is considered a fixed or long-term asset, not a current asset, because it’s used over a longer period and not easily converted into cash. Gym liabilities could include loans taken out to start or improve the business, money …
Lori Coleman, Director of Business Development, Supporting Strategies | 128 & South Shore, Providence, RI & Nassau County, provides bookkeeping and controller services to growing businesses. An outsourced bookkeeping services provider can help you pace yourself to reach your goals …