Accountancy, asked by ishankhan7, 8 months ago

What are tangible assets? give three examples.

Answers

Answered by FebinJacob
1

Explanation:

Tangible assets, also known as hard assets, are physical items with a clear purchase value used by a business to produce goods and services.

Tangible Assets

Land.

Vehicles.

Equipment.

Machinery.

Furniture.

Inventory.

Securities like stocks, bonds, and cash.

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