Question

the things or properties which helps in smooth functioning of the business and which are owned by business are called​

Answer 1

Answer:

money is most importent capital income all are also important

Answer 2

The things or properties which helps in smooth functioning of the business and which are owned by business are called assets

Explanation:

Assets - Essential characteristics for company management are called assets , e.g., building  , furniture, machinery etc. these are worth the company. Assets is something that provide a current , future or potential economic  advantages for an single or other entity. Assets are resources  with economic value when the expect to provide future benefits. Assets are recorded on the company's balance sheet and are purchased or created to increase the value of the company or to benefit the operation of the company .