Question

5. Tangible assets do not include.
a) Goodwill b) Furniture c) Stock
d) Cash​

Answer 1

Answer:

goodwill

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Answer 2

Answer:

Goodwill is not a type of tangible asset.

Furniture  , Stock and Cash are the types of tangible asset.

Explanation:

Tangible Asset:

Tangible assets, also known as long-lasting assets, tangible assets or property, plant and equipment, is a term used in accounting for assets and assets that cannot be easily converted into cash. could. Here the assets are physically present , we can see the assets physically.

examples :Furniture  , Stock and Cash

Intangible asset:

An intangible asset is an asset that lacks physical substance. Examples are patents, copyrights, franchises, goodwill, trademarks and trade names, as well as software. This is in contrast to physical assets and financial assets. Valuing an intangible asset is usually very difficult.

These are the assets which can not be physically touched and we can not see the assets physically .

example : Goodwill , trust