Question

Write a note on types of assets

Answer 1

Answer:

Common types of assets include current, non-current, physical, intangible, operating, and non-operating. Correctly identifying and classifying the types of assets is critical to the survival of a company, specifically its solvency and associated risks. ... Examples of assets include: Cash and cash equivalents

Answer 2

Answer:

Common types of assets include current, non-current, physical, intangible, operating, and non-operating. Correctly identifying and classifying the types of assets is critical to the survival of a company, specifically its solvency and associated risks. ... Examples of assets include: Cash and cash equivalents.