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What are intangible assets?


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Answered 2012-02-29 08:18:56

franchise, copy rights

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Types of intangible assets?

1 - Goodwill 2 - market related intangible assets 3 - Customer related intangible assets 4 - Contract related intangible assets 5 - Artistic related intangible assets 6 - Technology related intangible assets


What is the difference between intangible and tangible assets?

Tangible assets are classified into fixed assets and current assets while intangible assets are classified into legal assets part of intangible assets


Intangible assets are depreciated or not?

Intangible assets are subject to devaluation not depreciation.


Are intangible assets included in current assets?

Intangible Assets are not included in current assets. They are usually listed under Other Assets.


Banks Tangible and intangible resources?

Tangible assets for a bank include all assets after making deductions for goodwill and intangible resources. Intangible assets have no physical properties.


Difference between tangible and intangible?

tangible assets is what can be seen while intangible asset is what cannot be seen or felt. The factory is an examle of intangible assets while patent is an example of intangible assets -- By Kailash Gaikwad


Is intangible assets a debit or credit?

Intangible assets are also assets like any other assets so if all other assets have debit as a default balance then intangible assets also have debit as default balance. Like Goodwill etc.


Does depreciation is charged on intangible assets?

Depreciation is charged to tangible assets while amortization is used to charge intangible assets.


Are patents intangible assets?

patents are intangible assets as these have not physical existence. patent is a right to use something which is not physical that's why it is an intangible asset.


Are intangible assets included in liabilities?

Intangible assets are assets like other assets just they cannot be seen by eye or feel by hand but as they are assets they are included in assets and part of liability.


What is the difference between intangible asset and fictiuos asset?

Intangible assets refers to the assets that cannot be touch or see and fictiuos asset refers to the the intangible assets that have only money value.


What is Net tangible assets how it is calculated?

Net tangible assets are calculated as the total assets of a company minus any intangible assets. Intangible assets are goodwill, patents and trademarks.


Intangible assets are real assets or financial assets?

no they r the Real assets


What are intangible assets in balance sheet?

Intangible assets are shown in asset side of balance sheet as these are also assets of business like other all tangible assets.


What is the difference between tangible assets and intangible assets?

We can feel tangible asset,where as we cannot feel intangible asset


What are some intangible assets?

Registered Patents (inventions) and Trademarks (names and slogans) are intangible assets. Also, Copyrights (written materials, songs) would be considered intangible.


What are intangible asset?

Intangible assets are those assets which don't have any physical existance like goodwill, patents etc.


Intangible assets on the balance sheet?

Below Fixed Assets


Is capitalized leases intangible assets?

No


What are the intangible assets?

Intangible assets are those assets which do not have physical substance and nobody can see it physically.Examples:1 - goodwill2 - patent3 - copyrights etc


Intangible asset increases by credit?

Intangible assets are assets like other assets and have debit balance so these are also increased by debit only and reduce by credit.


What is the difference between tangible and intangible asset?

Tangible assets are those assets which can be seen from eyes or which have physical existance while intangible assets don't have physical existance.


Are Intangible assets reported in balance sheets?

Yes, All intangible as well as tangible assets are shown in balance sheet of business.


Types of assets that are amortized?

Intangible assets are those assets which are amortized as compared to tangible assets which are depreciated.


What is Adjusted Tangible Net worth?

totalasset less intangible assets and total outside liabilities ; also called net tangible assets. Intangible assets include nonmaterial benefits such as goodwill, patents, copyrights, and trademarks. total asset less intangible assets and total outside liabilities ; also called net tangible assets. Intangible assets include nonmaterial benefits such as goodwill, patents, copyrights, and trademarks.


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