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what is asset in accounting
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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.
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An asset is resources, which carried out a organization for long term period. It may be tangible or intangible.
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Answer / hamsa
an asset may be tangible or intangible that is being carried away by the company to show its financial ability
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Answer / tanmoy saha
An asset is resources, which carried out a organization for long term period. It may be tangible or intangible.
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