Accountancy, asked by pavankumarpava9, 3 months ago

what is assects ? give an example

Answers

Answered by dineshkvijay6
1

Answer:

assets are tangible properties which has life more than years

Explanation:

there are two types of assets

a)current asset(life lessthan 1 year)eg:cash,debtors,etc.

b)fixed asset(life more than 1 year)eg:building,furniture,etc

hope u got it.

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