Give examples of an asset account

Hi, kaoma!

Have you tried the following search, please?

Asset Account, Definition - Google Search

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.