I don’t understand what can and cannot be classified as an asset ?

babyboomer10012020-10-25T02:55:44Z

Everything you own is an asset, unless it is a debt.

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Anonymous2020-10-24T23:42:30Z

Yes, simple things are hard when you don't have a working brain.

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A Hunch2020-10-24T23:13:13Z

if it's worth anything at all, it can be an asset.
The amount of the asset is value of the asset minus any amount owed equals asset amount. 

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