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Wha is assets

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Wha is assets

Posted by Arvind Kumar 1 year, 1 month ago

CBSE > Class 11 > Accountancy

1 answers

Preeti Dabral 1 year, 1 month ago

In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash.

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CBSE > Class 11 > Accountancy