"90/10 Riddle"question: "How do you fill your asset column without buying assets?"?
Answers:
Sell your goods and establish the sale as an account receivable.
Goodwill is an asset. Intelectual property. Give someone a loan and that is an asset. 1st semester accounting?
Someone else gives you an asset.
Gee, mom and dad, thanks for the car/house/boat.
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