Basic Definitions and Theory 基本定义和理论(一) Objective: Learn basic definition of assets, liabilities, and equities Assets(")is a"probable future economic benefit obtained or controlled by an entity as a result of a past transaction ☆Cash .o Marketable Securities ☆ Accounts receivab|e ☆ Inventory ☆ Prepaid Expenses .s Deferred income Taxes Property, Plant, and Equipment s Other assets Patents, Copyrights, Trademarks, Licenses 账务会计账务会计 Basic Definitions and Theory 基本定义和理论（一） Objective: Learn basic definition of assets, liabilities, and equities. Assets (资产) is a “probable future economic benefit obtained or controlled by an entity as a result of a past transaction.” ❖ Cash ❖ Marketable Securities ❖ Accounts Receivable ❖ Inventory ❖ Prepaid Expenses ❖ Deferred Income Taxes ❖ Property, Plant, and Equipment ❖ Other Assets ❖ Patents, Copyrights, Trademarks, Licenses