2007-01-15 02:36:42 · 4 answers · asked by jennifer_jackson14 1 in Business & Finance ➔ Renting & Real Estate
Accounts Receivable
2007-01-15 02:42:00 · answer #1 · answered by D S 4 · 0⤊ 0⤋
In Financial Accounting, Asset is on the debit side of the Balance Sheet. Cash, Accounts receivables, inventory, prepaid expenses, Short Term and Longterm Investments, Property Plant and Equipments are all examples of Assets.
2007-01-15 03:57:14 · answer #2 · answered by Mathew C 5 · 0⤊ 0⤋
I'm guessing you mean personal assets, if not forgive me.
An asset account contains assets, which basically can be anything of value, a car is an asset for example, but in banking terms asset accounts are like term deposits, stocks, bonds, ect. they are all things that are assets to you, they provide you with financial freedom and can be liquified and turned into pure cash relatively easy, I hope that is what you meant!
2007-01-15 02:45:40 · answer #3 · answered by whitelampshade 2 · 0⤊ 0⤋
Brokerage Account. Any account that makes you money.
2007-01-15 02:45:10 · answer #4 · answered by Ryan H 1 · 0⤊ 0⤋