Question

machinery dep tangible and intangible

Answer 1

can't able to understand the question

Answer 2

Hey

As we know there are two types of ASSETS : Tangible and Intangible.

Here,

Tangible asset are depreciated & Intangible assets are amortized.

Tangible asset = cash,land, equipment, investment,stock, machinery,bonds, furniture etc.

Intangible asset = patents, Goodwill, copywrite, trademark etc.

So, machinery dep is Tangible asset.

Tangible asset are physical items

Intangible asset are non-physical items