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Question
Complete the sentence?
______ is an asset is an asset that is not physical in nature. Brand recognition, Goodwill and intellectual property such as patent etc. are examples of it.
Options
Current Assets
Intangible assets
Tangible assets
None of these
MCQ
Fill in the Blanks
Solution
Intangible assets is an asset is an asset that is not physical in nature. Brand recognition, Goodwill and intellectual property such as patent etc. are examples of it.
shaalaa.com
Retirement or Death of a Partner - Revaluation of Assets and Liabilities
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