Question

Heyaa....Can we considered cash as a asset of govt or not??

Answer 1

Hey dear friend,

Cash is considered as a current asset, So we can conclude that the cash is also considered as asset of govt.

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Answer 2

We can consider it Cash as government 's asset as this helps them to manage and run the economy of country as well this cash if invested in human capital can improve the quality of the population which will boost the economy of a country and make it more prosperous