What is asset
Define the type of asset
Which are they?
Answers
Answer:
Those articles which is purchase by seller for production purpose or business purpose is called asset.
Explanation:
Type of asset are-
1 Ac is used to business purpose ( Coaching start by person ) to used ac to business purpose .
Everything used to business .
Answer
Assets
The economic resources which will give benefit in the future are known as Assets.
Assets have Two types :-
Current Assets
The assets which are meant for sale or which the management would want to convert into cash within one year are known as current assets.
Non Current Assets
The assets which are not meant for sale or it will be held in the business for the purpose of producing goods or services are known as Non current assets.