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What is the difference between tangible asset and intangible asset ?

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تم إضافة السؤال من قبل Sameer Nechikandan , Accountant/Payable , Farabi Petrochemical Co
تاريخ النشر: 2015/10/21
RIZWAN HUSSAIN
من قبل RIZWAN HUSSAIN , SENIOR ACCOUNTANT , GEEPAS INTERNATIONAL PVT LTD

Tangible asstes are those which we can be touched (Machine, building etc)

Intangible assets are those which we cannot be touched (Goodwill, development etc)

Iltaf Ahmad
من قبل Iltaf Ahmad , Accountant , HAQ ELECTRONICS PESHAWAR PAKSITAN

tangible asset mean physical assets such as plant , machinery,building ,furniture etc. deprecation charged on these assets. 

where intangible assets are trade mark, good will ,patient copyright. Amortization charged on intangible assets.

ISHTIAQUE AHMED
من قبل ISHTIAQUE AHMED , Accountant + Admin , Zameel Contracting

Physical assets are tangible and intangible are those which are not physical......

Tangible Assets are those assets which can be seen by our naked eyes and can physically be touched.

Examples: Furniture, Building, Machinery etc.

 

Intangible Assets are those assets which neither be seen by our naked eyes nor physically be touched.

Examples: Trademarks, Goodwill, Patents etc

manseer muhammed ali
من قبل manseer muhammed ali , Accountant General , Royal Lighting L.L.C & Royal Furnishing LLC

Is software is and assent or expense ?

if it is an asset is it tangible or intangible asset ?

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