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sir, what is the tangible assets, intangible assets
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Answer / khushhall
Tangible Assets: Tangible Assets are those assets that we
can touch like Furniture, Vehicles, Building, Plant and
Machinery, Office Equipments, Computer etc.
Intangible Assets: Intangilbe Assets are those assets that
we can not see but can feel like Goodwill, Patents,
Royalty, Know How.
| Is This Answer Correct ? | 19 Yes | 0 No |
Answer / kalpesh
tengible assets are those assets which have some fix price but intengible assets are those assets which dont have fix price,this price is created by we.
| Is This Answer Correct ? | 3 Yes | 4 No |
Purchase order value Rs. 10000/- 0.7% is erection chareges (inclusive of the above price) central Excise applicable & Local sales tax applicable,The above price is inclusive of all taxes.
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
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