XI Accounting Class 02 Assets, Current Assets, Fixed Assets, Tangible Assets and Intangible Assets,in Urdu and Hind
- Cash/Bank: (cash in hand) ( cash at bank)
- Accounts Receivable:
- Notes Receivable
- Merchandise inventory /goods
- Prepaid Expenses:
- Marketable Securities:
An asset of a business intended for continuing use, rather than a short-term current asset (such as merchandise) is called fixed asset.
There are two types of fixed assets:
Tangible Fixed Assets: :
Land, Building, Machinery, Furniture, Equipment, etc.
Intangible Fixed Assets:::
Goodwill, Copyright, Trademark, Patents, etc.