Recognition Of Intangible Assets, Its Accounting Treatment

ESHA AGRAWAL , Last updated: 05 March 2014  
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Being a commerce professional the term Intangible Asset is so common, generally we think intangible asset is that asset which we cannot touch, feel, see etc. so according to this meaning prepaid advances is intangible assets as we cannot feel, touch or see, but it is not so prepaid advances are not

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ESHA AGRAWAL
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