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What are the two types of tangible property?

Answer Posted / Kopal Yadav

"This question seems to be in the wrong category. The question is about tangible properties in accounting, which is not related to Objective-C or Hibernate. For your reference, the two types of tangible property are:
1) Land, Buildings and Other Structures (LBOS): Physical assets that have a long lifespan, such as land, buildings, and machinery.
2) Inventory: Stock of raw materials, work in progress, finished goods, and merchandise that are held for sale or to be used in production. "

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