What Are Assets? Types of Assets Explained Simply | Accounting Basics
Опубликовано: 13 Май 2026
на канале: US Tax Classroom
на канале: US Tax Classroom
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What exactly is an asset — and is your smartphone one? This video explains what assets are in plain English, the different types of assets every business has, and why understanding assets is essential for reading a balance sheet or managing a business.
📌 What's covered:
What makes something an asset
Current assets vs fixed assets — with real examples
Tangible vs intangible assets explained simply
How assets appear on a balance sheet
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