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what is tangible Asset?
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Rajesh,
The definition which you ve said is right, but goodwill
is not a tangible asset, it is a intangible asset.
Tangible assets are land and buildings are the examples of
tangible assets, which can be see and touch.
| Is This Answer Correct ? | 19 Yes | 4 No |
Answer / umesh tayal
Tangible assets is that which we can touch, Like Building,
Plant & Machinary, Furniture others
| Is This Answer Correct ? | 9 Yes | 0 No |
Answer / subhash bandi ku 9848741648
fixed asset classified in to two types tangible assets and
intangible assets.
tangible asset which has physical existance that means we
can see and touch.ex; MACHINERY
intangible asset which assets has no physical existance.
that means we cannot see and touch ex: goodwill
| Is This Answer Correct ? | 7 Yes | 2 No |
Answer / basavaraju
it is one type of asset. this asset can touch, feel and
physical existance can visable. ex: plant and machinery,
land, building, furniture etc.,
| Is This Answer Correct ? | 8 Yes | 4 No |
Answer / satyaki_raju@yahoo.com
Tangible assets can be seen,touch and felt
| Is This Answer Correct ? | 5 Yes | 1 No |
Answer / manish
Tangible assets can be defined as those assets that have a
physical form such as buildings, machinery and land.
Tangible assets would also include cash, accounts
receivable, property, inventory, plant and equipment of the
firm. Tangible assets are accounted after deducting
depreciation. Tangible assets are those whose value is
dependent on particular physical characteristics. Tangible
assets are also known as real assets.
Tangible assets are different from intangible assets which
would include copyright, trademarks and goodwill of a firm.
It is also different from natural resources such as
timberland, coal deposits and oil reserves.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / avadhut m. wakhare
An asset which we can seen or touch like machineory,
building is is called as a tangiable asset. there are two
types of tangible asset
1. Mooveable tangible asset :- which we can moove from one
place to another ex. machineory.
2. Immoovable asset :- Which we can not moove from one
place to another. EX. BUILDING.
| Is This Answer Correct ? | 2 Yes | 1 No |
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