ACCOUNTING BASICS for Beginners (Whole Playlist) - What are Assets? (Let's Break Them Down)

👉 Confused by accounting? Download this free cheat sheet: https://accountingstuff.com Discover what Assets mean in Accounting. This episode is part of a series exploring Accounting Basics. To see the whole playlist check out the link below. In this Accounting tutorial you’ll hear the definition of Assets in Accounting. I'll also take you through the common types of Asset that are worth knowing about. ⏱️TIMESTAMPS 00:00 - Intro 00:47 - What are Assets in Accounting? 01:30 - Assets Defintion 01:54 - Uncertainty about the Future 02:40 - Future Economic Benefit 03:33 - Straight Line Depreciation 04:00 - Obtained and Controlled 05:08 - Balance Sheet Definition 05:40 - Current Assets 07:00 - Non-Current Assets 🔎FAQ ▪ My Favourite Accounting Book for Beginners → http://geni.us/5mKR7m 🔝 CLOUD ACCOUNTING SOFTWARE ▪ XERO (Free Trial / Discount) → https://xero5440.partnerlinks.io/08mfchsgfw8z ▪ QuickBooks Online USA (Free Trial / Discount) → https://geni.us/quickbooksonlineusa ▪ QuickBooks Online Canada (Free Trial / Discount) → https://geni.us/quickbooksonlinecanada 🚶FOLLOW ME ON ▪ Instagram → https://www.instagram.com/accountingstuff ▪ TikTok → https://www.tiktok.com/@accounting_stuff ▪ Facebook → https://www.facebook.com/thisisaccountingstuff/ 🎬LEARN ACCOUNTING BASICS FOR FREE ▪ The Full Playlist → https://www.youtube.com/playlist?list=PL5zKSeS09l339nB6ujJPQ9Rsv99_b-aTb ________________________ DISCLAIMER Some of the links above are affiliate links, where I earn a small commission if you click on the link and purchase an item. You are not obligated to do so, but it does help fund these videos in hopes of bringing value to you! ________________________ #accounting #accountingbasics #accountingstuff