11 May 2011
TANGIBLE AND INTANGIBLE ASSETS: TANGIBLE ASSETS - WHICH HAS A PHYSICAL FORM WHOSE VALUE CAN BE OBJECTIVELY MEASURED LIKE LAND AND BUILDING, PLANT AND MACHINERY, FURNITURE ETC., INTANGIBLE ASSETS - THOSE ASSETS WHICH DOE NOT HAVE A PHYSICAL FORM - LIKE GOODWILL, PATENTS AND TRADE MARKS, BRAND NAMES ETC.
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