Question

what is an asset in simple term???


Hey friends please tell me...​

Answer 1

Answer:

An asset is something that provides a current, future, or potential economic benefit for an individual or other entity. An asset is, therefore, something that is owned by you or something that is owed to you.

Explanation:

Mark me brainliests

Answer 2

An asset is something valuable or useful. ... Examples of assets include money, property (land and buildings), and amounts to be received from someone. There are two types of assets: tangible assets. Fixed assets such as buildings, equipment etc.