how many types of assets and its name?
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Answer:
The two main types of assets are current assets and non-current assets. These classifications are used to aggregate assets into different blocks on the balance sheet, so that one can discern the relative liquidity of the assets of an organization.
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☑️ If assets are classified based on their physical existence, assets are classified as either tangible assets or intangible assets.
If assets are classified based on their physical existence, assets are classified as either tangible assets or intangible assets.Tangible Assets. Tangible assets are assets that have a physical existence (we can touch, feel, and see them). ...
If assets are classified based on their physical existence, assets are classified as either tangible assets or intangible assets.Tangible Assets. Tangible assets are assets that have a physical existence (we can touch, feel, and see them). ...Intangible Assets.If assets are classified based on their physical existence, assets are classified as either tangible assets or intangible assets.
If assets are classified based on their physical existence, assets are classified as either tangible assets or intangible assets.Tangible Assets. Tangible assets are assets that have a physical existence (we can touch, feel, and see them). .
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