Quizzes & Puzzles35 mins ago
Assets of Businesses
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Hi - I'm having trouble finding the information I need on the different assets owned by the different types of businesses such as sole traders, partnerships, plc's etc. Does anyone know where I might be able to find them?
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Basically an asset of any business can be a range of things. If a business is run from a building, which it owns. (Not Rents) Then that is an asset. Fixtures and Fittings in an office / shop can be classed as assets. Also, PC's and electrical equipement used by the business.
Generally, depending on the type of business, it can be anything bought, for use in the business long term (ie over a number of years.)
Basically an asset of any business can be a range of things. If a business is run from a building, which it owns. (Not Rents) Then that is an asset. Fixtures and Fittings in an office / shop can be classed as assets. Also, PC's and electrical equipement used by the business.
Generally, depending on the type of business, it can be anything bought, for use in the business long term (ie over a number of years.)