ENTREPRENEURSHIP

Detailed explanation-1: -Examples of current assets include: Cash and cash equivalents: Treasury bills, certificates of deposit, and cash. Marketable securities: Debt securities or equity that is liquid. Accounts receivables: Money owed by customers to be paid in the short-term.

Detailed explanation-2: -An asset is anything that has current or future economic value to a business. Essentially, for businesses, assets include everything controlled and owned by the company that’s currently valuable or could provide monetary benefit in the future. Examples include patents, machinery, and investments.

Detailed explanation-3: -There are a few types of asset accounts, which include cash in hand, cash in the bank, inventory, accounts receivable, notes receivable, marketable securities, prepaid expenses, and other current assets.

Detailed explanation-4: -Assets can be broadly categorized into current (or short-term) assets, fixed assets, financial investments, and intangible assets.

Detailed explanation-5: -Cash and cash equivalents. Accounts Receivable. Inventory. Investments. PPE (Property, Plant, and Equipment) Vehicles. Furniture. Patents (intangible asset)