Please enable JavaScript.
Coggle requires JavaScript to display documents.
Assets - Coggle Diagram
Assets
Examples
Inventory
Accounts payable
Buildings
Cash
Current assets
Can be converted into cash in under a year
Inventotry e.g physical stock
Accounts receivable e.g when customers pay you money
Cash
Pre-payments e.g pay in advance
Non-current
Long term assets which are used in the ling term to create cash
Long term investements
Tangible
Land
Buildings
Intangible assets
Intellectual property
Patents
Trademarks
Assets are probable future economic benefits obtained or controlled by a particular entity as the result of past transactions
an asset is any resource owned or controlled by a business or an economic entity.