Explain The Meaning Of Assets?

1.	Explain The Meaning Of Assets?
Answer» "The ENTIRE property of all kinds POSSESSED by or owing to a person or organization is called assets. Assets are VALUABLE resources owned by a business and ACQUIRED at a measurable MONEY cost". "The entire property of all kinds possessed by or owing to a person or organization is called assets. Assets are valuable resources owned by a business and acquired at a measurable money cost".

Answer»

"The ENTIRE property of all kinds POSSESSED by or owing to a person or organization is called assets. Assets are VALUABLE resources owned by a business and ACQUIRED at a measurable MONEY cost".

"The entire property of all kinds possessed by or owing to a person or organization is called assets. Assets are valuable resources owned by a business and acquired at a measurable money cost".

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Explain The Meaning Of Assets?

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