Tangible & Intangible Assets? Is goodwill a Tangible or
Intangible Asset? Goodwill is an intangible asset.
Answers were Sorted based on User's Feedback
Answer / gautam.moni
those tyeps of assets have physical existence, we can touch
that type of assets for example land, building, furnitue
and machinery exit. that type of assets is Tangible Assets.
Intangible Assets have no physical existence, we can just
feel this type of Assets for example Goodwill, trade marks
etc.
Goodwill is intangible assets because goodwill is just
reputation and goodwill doesn't have any physical existence.
Is This Answer Correct ? | 3 Yes | 0 No |
Answer / kapil dutt
Tangiblr assets are those which have physical existane like
Furnitue, Building etc & Intangible assets have not any
physical existance like Company's website etc. But in case
of Goodwill it comes under fictious assets.
Is This Answer Correct ? | 0 Yes | 1 No |
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