Question

What are assets? plz tell long answer.

Answer 1

Answer:

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

Answer 2

Answer:

Things that are resources owned by a company and which have future economic value that can be measured and can be expressed in dollars. Examples include cash, investments, accounts receivable, inventory, supplies, land, buildings, equipment, and vehicles

the Main Types of Assets

Cash and cash equivalents.

Inventory. ...

Investments.

PPE (Property, Plant, and Equipment) ...

Vehicles.

Furniture.

Patents (intangible asset)

Stock.