Assets having definite shape and physical existence are called as
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assets having definite shape and physical existence are called as fixed asset or current assets..
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Assets having definite shape and physical existence are called as Tangible asset.
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Tangible assets or fixed assets or property, plant and gear, is a term utilized in representing resources and property that can only with significant effort be changed over into money. This can be contrasted and current resources, for example, money or financial balances, depicted as fluid assets.Tangible assets incorporate both fixed resources, for example, buildings, structures and land.
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