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Give the meaning of assets and …

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Give the meaning of assets and describes its classification?

Posted by Pintoo Talan 7 years, 4 months ago

CBSE > Class 11 > Accountancy

3 answers

Sonu Chouhan 7 years, 4 months ago

Assets:-Anything which is the posssession or property of a business enterprise including the amounts due to it from other. Assets may be classified into two categories:-1)Non-current Assets.It is may be classified into two types :a)Tangible Assets and b)Intangible Assets 2)Current Assets

Nishu Nishu 7 years, 4 months ago

All those properties which belongs to a business is called assets. 1.fixed 2.current 3.tangible 4.Intangible

Suman Sharma 7 years, 4 months ago

Assets are valuable and economic resources of an enterprise useful in its operations.Assets can be broadly classified as: 1. Current assets 2. Non-current assets a) Tangible assets b) Intangible assets

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