Write any two example of assets
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Posted by Abdul Majid 4 years, 4 months ago
- 4 answers
Shivam Mishra 4 years, 4 months ago
Gaurav Seth 4 years, 4 months ago
Examples of current assets include:
- Cash and cash equivalents: Treasury bills, certificates of deposit, and cash
- Marketable securities: Debt securities or equity that is liquid
- Accounts receivables: Money owed by customers to be paid in the short-term
- Inventory: Goods available for sale or raw materials
Examples of fixed assets include:
- Vehicles (such as company trucks)
- Office furniture
- Machinery
- Buildings
- Land
Yogita Ingle 4 years, 4 months ago
Any valuable thing which has monetary value and owned by a business, is its asset. In other words, assets are the monetary values of the properties or the legal rights that are owned by the business organisations.
Fixed Assets− These are those assets that are hold for the long term and increase the profit earning capacity and productive capacity of the business. These assets are not meant for sale, for example, land, building machinery, etc.
Current Assets− Assets that can be easily converted into cash or cash equivalents are termed as current assets. These are required to run day to day business activities; for example, cash, debtors, stock, etc.
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Nehit Kumar 4 years, 4 months ago
0Thank You