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Summary Of: Asset

Two major asset classes are tangible assets and intangible assets... to understand that in an accounting sense an asset is not the same as ownership... an asset is any form in which... An asset is a resource controlled by the enterprise as a result of past events and from... such that the value of the asset when it was bought in the past is used as the monetary value... of the asset is used to determine the value shown on the balance sheet...

Encyclodia Page On: Asset

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This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Asset".