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Aurangzaib

05108112

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Asset

 Any item of economic value owned


by an individual or corporation,
especially that which could be
converted to cash. Examples are
cash, securities, accounts
receivable, inventory, office
equipment, real estate, a car, and
other property.
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Types of Assets

 From an accounting perspective,


assets are divided into following
categories.
 Current asset:-
A balance sheet item
which equals the sum of cash and cash
equivalents, accounts receivables
,inventory, marketable securities,
prepaid expenses, and other assets that
could be converted to cash in less than
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one year.
Types of Assets

 Non Current Assets:-


An asset which is not
easily convertible to cash or not expected
to become cash within the next year.
 Long term Assets:-
On a balance sheet,
the value of a company's property,
equipment and other capital asset
expected to be useable for more than one
year, minus depreciation
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Types of Assets
 Long term assets
 Tangible assets
 Intangible assets

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Types of Assets

 Fixed Asset
 Capital Asset
 Other Types

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Assets
 Brand
 Good will

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Assets
 Stock
 Cash and Bank balances

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