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Tangible non current assets

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › Tangible non current assets

  • This topic has 2 replies, 2 voices, and was last updated 2 years ago by aerovid.
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  • June 11, 2021 at 9:08 pm #624816
    kamuzebe
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    Tangible non current assets

    July 8, 2021 at 8:34 am #627203
    aerovid
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    A non-current asset can be either tangible or intangible. A non-current tangible asset is something of value such as land, equipment, machinery, furnishings, or buildings, which is used to produce a good or service. The benefit of a non-current asset usually extends more than a year and cannot be quickly liquidated. w3toys

    July 8, 2021 at 8:35 am #627204
    aerovid
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    A class of noncurrent assets are intangible assets. These are assets that the business holds but do not have tangible form. Intangible assets include goodwill, brand recognition, copyrights, patents, trademarks, trade names, and customer lists. vidmate

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