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What Are Assets?

⏱️TIMESTAMPS 00:00 - Intro (What are assets?) 00:19 - Assets Definition (What these crazy asset things actually are) 00:26 - Why your boss cares so much about assets (if you're boss is happy, you'll make money) 00:56 - #1 Cash (Most important asset in business) 01:53 - #2 - Accounts Receivable (invoices sent out to the customer) 02:33 - #3 - Property, Plant and Equipment (big, bulky assets that make money for the business) 03:15 - #4 - Prepayments (benefits in the future for stuff that's already been paid for) 04:07 - #5 - Accrued Income (the ability to be paid in the future for work already done) 06:02 - Conclusion (over to you) #accounting #learnaccounting #marginjuice

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