What is Tangible Assets.
What is Tangible Assets. Give some example of it.
- Sashank
- 04 Jun
- 92 Answers
92 Answers
92 Answers
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an asset which can been in physical form is called tangibleModal content
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it means we can see and we can touch ex:land,building,machinery etcModal content
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Asset that has a physical form is known as tangible assets . Tangible assets include both fixed assets, such as machinery, buildings and land, and current assets, such as inventory.Modal content
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The assets that can we see and touch are called tangible assetsModal content
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SOME FIXED ASSETS ARE CALLED AS TANGIBLE ASSETS LIKE PLANT & MACHINERYS,BUILDING FURNITURES ETC GOODWILL AND PATENT IS NOT TANGIBLE ASSETTSModal content
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tangible asset means those asset which we can touch and see. example:land,building,vehicle etc....Modal content
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Intangible assets are those type of assets we cannot see and touch. Example: goodwill, copyright, patentModal content
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In general/ layman's meaning the asset which can be seen and touched is known as tangible assets. Tangible asset are of two types Fixed and current e.g. building, plant and machinery, furniture, vehicle, mobile,cash,debtor etc. While the 1 asset for someone would be fixed asset and the same asset for other person could be current asset e.g. building for a normal person would be fixed asset but the same for broker(who is dealing in selling and purchasing of the same) would be stock in trade.Modal content
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A tangible asset is an asset that has a physical form. Tangible assets include both fixed assets, such as machinery, buildings and land, and current assets, such as inventory. The opposite of a tangible asset is an intangible asset. Nonphysical assets, such as patents, trademarks, copyrights, goodwill and brand recognition, are all examples of intangible assets.Modal content
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Furniture and fixtures, land and buildingModal content
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Tangible assets mean the assets which have physical feature and can be touched and seen . for example - building , machinery, plant, livestock, etc. Current assets and fixed assets are included under tangible assets.Modal content
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wHICH we can see, touch, for eg. machinery, buildings and landModal content
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Which are possible to touch that type of assets called as tangible assets Ex . buildings and furniture etcModal content
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Tangible assets are those assets that has a physical form.It includes Fixed assets such as machinery, building , land etc. current assets like inventory .etc.Modal content
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land MAchinery inventory cashModal content
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Tangible assets is any asset which have physical existence and whose value can be easily assessed. It can both fixed or current . example- machinery, stockModal content
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Tabgible asset are those asset which can physically feel this for ex car building machinery etcModal content
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plant and machineryModal content
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In general sense, the income earned by a businessman of his efforts in past and present where those efforts are not seen or touched by him are the intangible assets. For example, goodwill,trademark,patent,etc.Modal content
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something you can touchModal content
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