e known as assets. Assets thus collectively refer to the resources controlled by a business enterprise which enable it carry out its business operations for generating revenue. Assets are usually of two types-fxed and current. At times there can be one more asset known as investments.
- Chapter 1. Measurement of Profit and Financial Position: I: Business Transactions to Trial Balance
- from Financial Accounting for Management: An Analytical Perspective, 4th Edition
- Publisher: Pearson India
- Released: August 2011
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