What Do You Know About Manufacturing Assets?

What Do You Know about Manufacturing Assets?



Assets are resources businesses own and that will provide future economic benefits. In terms of accounting equation, assets include but not limited to cash, accounts receivable, inventory, supplies, prepaid accounts, equipment, buildings, land, intangible assets, etc. In terms of accounting equation, which asset do you think is most important for a business and why?



Make sure to answer both (1) YOUR choice of the most important assets, and (2) YOUR reasoning.

Your responses MUST be in complete sentences and MUST meet 100-150 word limit if typed or MUST be at least 1 minute-long if a podcast is submitted.

Do NOT repeat questions for word count.

Do NOT Google to copy and paste your response. It MUST be your OWN words.

Note that employees are NOT assets in accounting because companies do not have any control over them. Plagiarism is not allowed.