What are the assets of the company?

An asset is a resource with economic value that an individual, corporation or country owns or controls with the expectation that it will provide future benefit. Assets are reported on a company's balance sheet, and they are bought or created to increase the value of a firm or benefit the firm's operations. read more

I won't be able to be asset for company, because assets are sold while liquidation to Nil liabilities. But I can be profit for company. Only profit should be used to clear liabilities, not assets. read more

Business Asset Types and Categories. The management of business assets is arguably one of the most important jobs of company management. As such, accounting for these assets is critical to business success. Assets are listed on the balance sheet in order of liquidity. Long-term or non-current assets are listed under current assets. read more

An asset is classified in one of three categories: tangible, intangible and intellectual property. For a business to be successful, it should have a healthy combination of all three. Tangible Assets. Assets such as buildings, vehicles and office equipment, that are not consumed during the course of doing business, are tangible assets. read more