Give examples of an asset account

Hi, kaoma!

Have you tried the following search, please?

Asset Account, Definition - Google Search (http://www.google.com/search?hl=en&safe=off&q=Asset+Account%2C+Definition&aq=f&aqi=g1g-m1&aql=&oq=&gs_rfai=)

Thanks!

Which of the following is not an asset account?
Checking account
Purchases
Accumulated deppreciation

What is an Asset? Cash is an asset, and Accumulated depreciation is a Contra asset. Purchases is an income statement account.

An asset is something that you own or have the rights to like Cash, Accounts Receivable, and Patents.