Question

what do u mean by assets?

Answer 1

Hey mate here is ur answer...!!!!!

______________________________
Assets are those valuable things/goods that a business holds and can be converted into money later...

There are two types of assets mainly,
i.) current asset
ii.) non current asset
______________________________

Hope it helps..✌️✌️

Answer 2

ASSET

Any item of economic value owned by an individual or corporation, especially that which could be converted to cash. Examples are cash, securities, accounts receivable, inventory, office equipment, real estate, a car, and other property. 

On a balance sheet, assets are equal to the sum of 
liabilities, common stock, preferred stock, and retained earnings.