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What is an asset in accounting?
A. Anything a company owns, including cash
B. Anything a company owns, minus liabilities
C. Anything a company owns, except cash
D. Anything a company owes to another business or individual
A business asset is an item of value owned by a company. Business assets span many categories. They can be physical, tangible goods, such as vehicles, real estate, computers, office furniture, and other fixtures, or intangible items, such as intellectual property.
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