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Answer Posted / imraz
Anything that is owned by the business organisation and has
an exchange value is called as asset.there are 2 types of
assets 1) tangible assests 2 )intangible assets
tangible assets are that type of assets which can touch and
feel ex : land and buildings and furniture etc
Intangible assets are that type of assets which cannot touch
and feel
ex : trademark and brand name etc
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