Which of the following is an intangible asset

Asked by admin @ 25/08/2021 in Accountancy viewed by 467 People

Which of the following is an intangible asset. a.Land and Building, b. Debtors, C. plant

Answered by admin @ 25/08/2021

Intangible Assets

Explanation:

An intangible asset is an asset that is not physical in nature. We cannot see or touch it. Goodwill, brand recognition and intellectual property, such as patents, trademarks, and copyrights, are all intangible assets. Intangible assets exist in opposition to tangible assets, which include land, vehicles, equipment, and inventory. Businesses can create or acquire intangible assets.

Additionally, financial assets such as stocks and bonds, which derive their value from contractual claims, are considered tangible assets.

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Elephant kills 11 in nepal , woman rescued from a friendly dolphine

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Asked by nevaeh10 @ 17/10/2022 in English viewed by 1591 persons

Which of the following is an intangible asset

Intangible Assets

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