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Theory Base of Accounting — Account STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceAccountTheory Base of Accounting1 Mark
Question
What is meant by Tangible Assets?
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Answer

Tangible Assets are the assets which have physical existence, i.e., they can be seen and touched such as Land, Building, Plant and Machinery and Computers.

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