Accountancy, asked by shashidharyj5268, 1 year ago

What does total assets mean?

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Answered by Anonymous

1

Total assets refers to the total amount of assets owned by a person or entity. ... If the owner is a business, theseassets are usually recorded in the accounting records and appear in the balance sheet of the business. Typical categories in which these assets may be found include: Cash. Marketable securities.

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