What is Tangible Assets.

What is Tangible Assets. Give some example of it.

Your Answer

Tangible assets are the ones which can be seen, or touched such as building, land, furniture etc. And asset is anything that generates value for us. Suppose I am opening a clothing showroom so I would be requiring a land , moreover I would be requiring furniture to let customer sit and decide what he/she wants to buy and all such things that would be helping to make a sale is an asset..

Accounting

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