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Discussion :: Tally

  1. _____ is an example for tangible assets

  2. A.

     Furniture

    B.

     Debtors

    C.

     Patent

    D.

     Discount on issue of shares and debentures

    View Answer

    Workspace

    Answer : Option A

    Explanation :

    A tangible asset is an asset that has a finite monetary value and usually a physical form. Tangible assets include land, equipment, furniture, vehicles, cash, inventory etc.


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