This blog is created to lend a helping hand for students with confusions regarding the proper classification of assets. In connection to this, this is to broaden the knowledge of the persons who wants to engage in business.
Friday, March 3, 2017
What is assets in finance?
In financial accounting, an asset is an economic resource. Anything tangible or intangible that can be owned or controlled to produce value and that is held to have positive economic value is considered an asset.
No comments:
Post a Comment