1) What my project about ? a) Assets b) Liabilities c) Income statement d) Balance sheet 2) what is Assets ? a) The state of being legally responsible for something. b) Is a resource with economic value that an individual, corporation, or country owns or controls with the expectation that it will provide a future benefit. c) Is defined as the proportion of the total value of a company's assets that can be claimed by its owners (sole proprietorship or partnership. 3) Examples about Assets ? a) Games - Charts b) Notes - Memos c) Cash - Investments - Office Equipment 4) Types of Assets ? a) Current Assets - Financial Assets - Fixed Assets b) Common Stock - Preferred Stock - Treasury Stock c) Accounts payable - Interest payable - Bills payable 5) Is labour an asset? a) Yes b) No

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