Question

Heya Mates
Question: A firm invested it's money in 2 types of assets. Name them. ​

Answer 1

Answer:

One can classify assets into two major asset classes: tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include buildings and equipment.

Answer 2

Answer:

One can classify assets into two major asset classes: tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include inventory, while fixed assets include buildings and equipment.