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draw and describe the attributes of a perfect asset

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Finance

draw and describe the attributes of a perfect asset

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4.5 Ratings (992 Votes)
Asset Asset means any visibleinvisible thingright that is used to generate money Assets are shown at one side of the balance sheet Liabilities are the sources which helps buy assets Assets are of mainly two types Fixed and Current Fixed assets means once purchased theyll last for a long term and will generate income for a long time Current assets are those which gets converted in to cash    See Answer
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draw and describe the attributes of a perfect asset

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