mohammed asif baig


{ City } hyderabad
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* Profession * process analysist
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what is asset in accounting

Genpect,

4 Accounting General 3982



Answers / { mohammed asif baig }

Question { Genpect, 3982 }

what is asset in accounting


Answer

In financial accounting, an asset is an economic resource. Anything tangible or intangible that is capable of being owned or controlled to produce value and that is held to have positive economic value is considered an asset.

Is This Answer Correct ?    7 Yes 1 No