what is meant by
Tangible assets
intangible assets
Answers were Sorted based on User's Feedback
Answer / neetu singh
tangible assets means assets which can be seen or touched.
For example - building, machines etc.
In the same way intangible assets means assetsa which can
not be seen or touched.
For example - Goodwill.
| Is This Answer Correct ? | 28 Yes | 3 No |
Answer / rajesh
Tangable assets are those assets which can be see and touch.
EX: machinery, building.
Intangable assets are those assets which cannot be see and
touch. EX: Goodwill, patient rights
| Is This Answer Correct ? | 25 Yes | 1 No |
Answer / raj torane
Tangable assets are those assets which can be see and touch.
EX: factory.
Intangable assets are those assets which cannot be see and
touch. EX: service , patent
| Is This Answer Correct ? | 10 Yes | 3 No |
Answer / dj
Tangible Assets:
These are definite assets which can be seen,touched and have
Volume such as cash,stock,land,etc.
Intangible Assets:
These are definite assets which cannot be seen,touched and
have no Volume but have value are called intangible
assets.Goodwill,Patents,License and trademarks are examples
of such assets but quite valuable to the undertaking.An
intangible asset may not be Fictitious.
| Is This Answer Correct ? | 8 Yes | 2 No |
Answer / o.lakshmi prasanna
TANGIBLE ASSETS:It can be see&touch
ex: Building, mechinary,land,cash,factory
INTANGIBLE ASSETS: It connot be see&touch
ex: goodwill, patent,service
| Is This Answer Correct ? | 5 Yes | 0 No |
What is the entry for deprecation?
what is accounts receivable and accounts payable and how to use accounts receivable and accounts payable?
Short Answer on ______________Assets
What is most Expenses thing to Issue IPO ?
Expand ________GOPI
Expand--------ADCB
WHAT IS TITLE OF VAT RETURN?
Define Capital Expenditure
What are the types of leverage?
What is the journal entry for Call and a Put option both in the books of buyer and seller
What is the entry for Salary for the month of March if the books closed on 31-03. Before 31st March and after 31st March?
what is depreciation, what isdouble entry,alltypes of assets,alltypes of liabilities