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12y ago

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Is livestock in case of mixed farming fixed asset or current asset or wasting asset or tangible asset?

Tangible asset


Is cash an intangible asset?

Cash is a tangible asset. Unlike something without tangible substance such as goodwill, cash is a hard or a tangible asset.


What is furniture it is asset liabilities or capital?

Furniture can be considered as a capital asset for businesses or individuals. It is a tangible asset that is used for productive purposes, such as providing seating or storage. However, if furniture is purchased through borrowed funds, it may also create a liability in the form of debt that needs to be repaid.


What Types of fixed asset?

1)Tangible fixed asset 2)Intangible fixed asset 1)Tangible fixed asset 2)Intangible fixed asset


Is a prepaid asset considered an intangible asset?

No. A prepaid asset is an asset that May be Tangible or Intangible, but is not yet 'in service'. When it is acquired and in service, is when it may be determined if it is Tangible or Intangible.


Is a savings bank CD a tangible asset?

Yes, CDs are considered a tangible, personal asset of the individual that owns it.


Is goodwill a tangible asset?

goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .


Is goodwill tangible asset?

goodwill must be treated as tangible asset because it holds great value for the company. but analysts treat as an intangible asset .


Is plant asset intangible?

No it is tangible.


Is a factory an intangible asset?

Factory is a tangible asset as tangible assets are those assets which can be seen with eye and also could be feel by hand.


Can a tangible asset be a financial asset?

Ive had a similar question like this in a finance exam. Apparently its wrong to say that all financial assets are intangible (i.e. yes, a financial asset can be a tangible asset). Example: Cash


Is life insurance a tangible asset?

no, intangible