Business Studies, asked by keshavsikka877, 3 months ago

difine the term asset ​

Answers

Answered by deepkarawat1903
1

Answer:

an item of property owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.

"growth in net assets"

Answered by ilaiya67
0

Answer:

An asset is a resource with economic value

Explanation:

An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. Assets are reported on a company's balance sheet and are bought or created to increase a firm's value or benefit the firm's operations.

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