Quote:
Originally Posted by Honey Boon
car, die die also got scrap value, why not an assets? I must go back to ask my teacher who taught me basic accouting class before 
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bro your defination of assets is different from mine,mine is the car value will start to drop once u bought the item,and turn to a liability cos every month have to pay installment but your defination is there is still some money left after the car is been scrap