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Module 1: Assets – Understanding What Your Business Owns

Module 1: Assets

The First Building Block of Your Business’s Financial Foundation
 

Course Objective (short):

In this lesson, you’ll learn what assets are, how to recognize them, how they appear on your Balance Sheet, and how to classify them correctly in your chart of accounts.

Watch: What Are Assets and Why They Matter

What Are Assets?
Assets are resources your business owns that provide future value. If it helps your business operate or brings future economic benefit—it’s an asset.

Examples of Assets:

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