what is assets
Answers were Sorted based on User's Feedback
Assests is any thing which can sale & purchase in the
ordinary cource of bussiness.
Is This Answer Correct ? | 46 Yes | 19 No |
Answer / rajellam
Asset is any thing that which one has value and help to
improve growth of the organization, it can be tangible and
intagible.
Is This Answer Correct ? | 13 Yes | 4 No |
Answer / sai
the valuable thing owned by the business is called asset .
Is This Answer Correct ? | 13 Yes | 6 No |
Answer / rajesh
In financial accounting, assets are economic resources.
Anything tangible or intangible that is capable of being
owned or controlled to produce value and that is held to
have positive economic value is considered an asset.
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / dhairya
Any thing that adds and signifies value can be termed as an Asset.
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / imraz
Anything that is owned by the business organisation and has
an exchange value is called as asset.there are 2 types of
assets 1) tangible assests 2 )intangible assets
tangible assets are that type of assets which can touch and
feel ex : land and buildings and furniture etc
Intangible assets are that type of assets which cannot touch
and feel
ex : trademark and brand name etc
Is This Answer Correct ? | 2 Yes | 0 No |
Answer / kishore g
Anything that is owned by the business organisation and has
an exchange value is called as asset.
Is This Answer Correct ? | 8 Yes | 7 No |
Answer / komal
Any item of economic value owned by an individual
or corporation , especially that which could be converted
to cash .
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / rocking.satya9
. A resource with economic value that an individual,
corporation or country owns or controls with the expectation
that it will provide future benefit.
Is This Answer Correct ? | 1 Yes | 0 No |
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