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Created by

VICTOR Mon
VICTOR Mon
Mexico

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AssetsOnline version

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by VICTOR Mon
1

An asset is something you that financial value or helps you it . Assets can be , like a car or a factory , or , like a patent or brand reputation . For , assets include homes , savings , and investments . For , assets range from cash and inventory to property and intellectual property . An asset is anything that supports earning potential or long - term growth for individuals and companies alike .

2

Assets
They are short - term economic resources that are expected to be converted into cash or consumed within one year . They can include cash and cash equivalents , accounts receivable , physical inventory , and various prepaid expenses

Assets
They are resources with an expected life of more than a year , such as plants , equipment , and buildings . An accounting adjustment known as depreciation is made for fixed assets as they age . It allocates the cost of the asset over time . Depreciation may or may not reflect the fixed asset's loss of earning power .

Assets
They can include stocks , corporate and government bonds , and other types of securities . They tend to be liquid , unlike fixed assets , and they're valued according to their current price on the relevant market .

Assets
They are economic resources that have no physical presence . They include patents , trademarks , copyrights , and goodwill . Intangible assets can be amortized over their useful life for accounting and tax purposes , similar to the depreciation process for fixed assets .

 
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