English, asked by kaurashpreet52, 4 months ago

what is mean of assest​

Answers

Answered by ᏢerfectlyShine
4

Answer:

In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash.

Answered by Anonymous
3

Answer:

An asset is something containing economic value and/or future benefit. An asset can often generate cash flows in the future, such as a piece of machinery, a financial security, or a patent. Personal assets may include a house, car, investments, artwork, or home goods.

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