You are required to explain below accounting term precisely


Question.

You are required to explain below accounting term precisely so that a new learner can understand easily.

Note: I need solution of this urgently. Content should be your own.
1. Tangible Assets:
2. Intangible Assets:
3. Fixed Assets:
4. Current assets:
5. Fictitious Assets:
6. Wasting Assets:
7. Contingent Assets:

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Accounting Basics: You are required to explain below accounting term precisely
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