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- An asset is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. Assets are reported on a company's balance sheet. They're classified as current, fixed, financial, and intangible.www.investopedia.com/terms/a/asset.asp
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What Is an Asset? Types & Examples in Business …
WEBJul 6, 2022 · The relationship between assets, liabilities and equity is defined in the “accounting equation,” one of the basic principles of accounting: Assets = Liabilities + Shareholders’ Equity. A business with …
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WEBSep 21, 2020 · In the business accounting world, the definition of an asset is a little more specific, but not by much: an asset is anything a business owns that should prove financially valuable down the road. Put another …
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