what is meant by
Tangible assets
intangible assets
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Answer Posted / 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.
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