What type of assets includes items like furniture and equipment?

Personal property encompasses tangible items that can be moved, which includes furniture and equipment. These items are distinguished from real property, which refers to land and anything permanently attached to it, such as buildings. Personal property can be categorized further into tangible assets, like desks and computers, and intangible assets, but in the context of this question, the focus is on the physical items that can be relocated.

Heritage assets typically refer to items of historical or cultural significance, which are often preserved for their historical value rather than for their current operational use. Financial assets involve investments like stocks, bonds, and cash that represent ownership or a claim on future benefits, separate from physical items like furniture and equipment. Thus, personal property is the most accurate classification for items such as furniture and equipment in this scenario.