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What is Assets in accounting language?

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Jun 19 at 11:23:5
Ashiq
Ashiq
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Assets:
Resources of the company which have future economic benefits that can be measured and can be expressed are called Assets

Assets by nature always be Debits. if increase in assets (purchased will be debit while decrease in Assets will always be Credit.

cash, investments, accounts receivable, inventory, supplies, land, buildings, equipment, and vehicles are the example of Assets.
Jun 19 at 11:36:38
Adnan
Adnan
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