Accountancy, asked by jyotsana25, 1 year ago

what is tangible asset and intangible asset

Answers

Answered by Areena14
18
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A tangible asset is an asset that has a physical form. Tangible assets include both fixed assets, such as machinery, buildings and land, and current assets, such as inventory. ... Nonphysicalassets, such as patents, trademarks, copyrights, goodwill and brand recognition, are all examples of intangible assets.

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jyotsana25: thanks
Answered by ItzPearlStealer
7

Answer:

Tangible assests are those which can be visible.

Example:- land

Intangible assests are those which cannot be seen or which are invisible

Example:- Goodwill, trademark

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