What are Assets in Accounting?
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What are Assets in Accounting? Today we will be talking about assets and their use throughout accounting. Businesses need assets to be sustainable. They leverage assets to grow their business, pay off debt and more.
In this video, we will go over what assets are, how they work, reveal practical examples and go through a practice problem. Assets could be cash, accounts receivable, buildings, land, investments and more. I will go through many examples of assets in accounting for you in the video! Make sure to watch, subscribe and like. Thanks for watching!
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