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 difference between provision and reserve ?
what is the difference between Assets Allocation & Security selection?
what is transaction?
What is the Journal Entry if "Office Expenses" of Company A is being made by Company B on behalf of Company A?
Can anybody tell me about the liability positions of 1.Sole trader 2.Partnership 3.Pvt ltd co 4.Public ltd co
Bank reconcliation statement.
11 Answers Franklin Templeton, FT, HSBC,
Expand ------DFO
Expand WTO?
proposed devidend is approved by .... options are: A.BOD B.share holder C.SEBI D.general body meeting
i was asked to journalise nominal accounts please give me the answer with examples so dat its easy for me 2 understand
With scan-based trading, are retail companies creating inventory at the point of sale or recording income/expense?
What is effect in trial balance as on 31st march
2 Answers First American Corporation,