To recap our previous discussion of assets, assets are defined as things with current or future economic value. Fixed assets are items your business owns that you actually use in your business. Examples of fixed assets are: Office equipment like copiers and fax...
Assets are things that have current or future economic value. Cash and money in depository bank accounts (checking, savings, CD’s) are your most liquid assets. Accounts receivable (A/R) are also assets. Billing a customer and giving them terms to pay like net 30 days...
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