What do Assets mean?
Assets Meaning.
What do Assets mean? If you do not know about it, then definitely read it.
If you do accounting, investment, or any kind of business,
then you need to know about it.
It has been given about Assets, what are Assets? The types
of assets are described.
What are Assets?
What Is Assets Meaning?
Assets are those sources that bring profit in the future.
Those that have value and can be expressed in money are
called assets.
Anything that will benefit us in the future is an asset.
Assets are of two types according to time.
Current Assets
Non-Current Assets
Current Assets
Current Assets Meaning
Current Assets mean "Current property ".
Under this, there is such a property that pays money in 1
year or less.
Non-Current Assets
Non-Current Assets Meaning
Under this comes the property which takes more than 1 year
to raise money by selling it.
According to the asset, there are two types of assets.
Tangible Assets
Intangible Assets
Tangible Assets
Tangible Assets Meaning
Physical asset belongs to Tangible Assets.
Material possessions are assets that you can touch.
Intangible Assets
Intangible Assets Meaning
The asset which is not in any physical form comes under
Intangible Assets.
Not being in physical form means that you cannot touch that
property.
There are many other types of Assets.
Financial Assets
Investments made in Fixed Deposits, Shares, etc. are
Financial Assets.
Fixed Assets
Property that lasts for years that can be touched.
Like a plant or any machine etc.
Inventory
The goods lying with it of any company are also called its
Inventory property.
Assets Meaning, Fixed Assets Meaning, Current Assets
Meaning, What Is Assets, What Is Assets In Accounting, Assets Meaning In
Accounting, Meaning of assets.
