Question

As Jaime was packing to return to college after his summer vacation, he realized that he owned many valuable things such as a laptop computer, a speaker system, and a Blu-ray player. An accountant would list all of these as Jaime's:________.

Answer 1

Answer:

Assets

Explanation:

Assets refer to an item of property owned by a person or company which is regarded as value and available to meet commitments, debts etc. So here you can say jaime's laptop computer, speaker system and blu ray player are his assets

Answer 2

Answer:

Personal tangible assets

Explanation:

Personal assets are those resources owned and controlled by an individual for which he expects to enjoy value and benefits now or in the future.

These assets can be tangible or financial assets. Tangible assets include items like bracelets, cars, laptops, musical set, speaker system, e.t.c. While intangible assets include savings accounts, stocks and shares, investment in bonds e.t.c

In the case of Jaime, the valuable items listed like laptop computer, speaker system and Blu-ray player are personal tangible assets