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What is an example of an asset?

An asset is anything that has current or future economic value to a business. Essentially, for businesses, assets include everything controlled and owned by the company that’s currently valuable or could provide monetary benefit in the future. Examples include patents, machinery, and investments. What are intangible assets?

What are assets in accounting?

Assets are one of the key building blocks of accounting that holds the entire accounting equation together. In this guide, I explain the meaning and concept of assets in accounting, their various types, classifications, and examples. Be sure to check out the interactive quiz at the end of the post to test your understanding!

What types of assets are included?

Assets include property, plant and equipment, vehicles, cash or cash equivalent, accounts receivables, and inventory. You are free to use this image on your website, templates, etc, Please provide us with an attribution link

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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