Asset Definition - Assignment Point
Asset Definition
Subject: Accounting | Topics:

Asset is usually a resource with economic value make fish an individual, corporation or region owns or controls with the expectation that it’ll provide future help. In financial accounting, an asset is usually an economic resource. Anything tangible or intangible which is capable of getting owned or controlled to produce value and that is held to include positive economic value is recognized as an asset. Basically stated, assets represent value of ownership that could be converted into funds.

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