jite ometan

 Profile Answers by jite ometan 

• Jun 25th, 2008

 

tangible assets are assets that can be seen eg fixed assets motor vehicles etc or stock items,while intangig;le assets can be good will of a company

Muhammad Mansoor

 Profile Answers by Muhammad Mansoor 

• Aug 7th, 2010

 

Tangible assets - which is visible, like machine & apply IAS 16

Intengible assets - which is invisible, like goodwill, brand name & apply IAS 38.

naina goel

• Sep 13th, 2011

 

Tangible Assets are those assets which we can see or touch like fixed asset ,machinery,etc.
intangible Assets are those which we can't be seen like goodwill of the company.