Accountancy, asked by kvian73, 7 months ago

what is the difference between goods and assets​

Answers

Answered by Vishwaabhi
6

Answer:

Assets include different items like fixed assets, current assets and investments. Some are tangible and some are intangible. Many items like cash, ownership rights, etc are the assets of a company but they are not goods. In crude terms we can say that all goods are assets but all assets are not goods.

Answered by 45263
1

Answer:

An economic goods is a tangible article or service that has meaning to people and can be traded for a non-negative value in the marketplace. Assets incorporate various items like fixed assets, current assets and investments. Some are tangible and some are intangible.

Explanation:

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