differentiate between physical assets from physical liabilities
Physical assets are plant, machinery, tools, land, building e.t.c where as financial assets include cash, shares, bonds, marketable securites, financial assets are used to purchase Physical asstes.
Real assets are physical assets such as plant, machinary, vehicles, stock/ inventory. Financial assets, are cash, bonds, shares etc., etc.
Tangible assets for a bank include all assets after making deductions for goodwill and intangible resources. Intangible assets have no physical properties.
A custodian holds securities and other assets in electronic or physical configuration.
differentiate between physical assets from physical liabilities
Tangible Assets: These are those assets which have physical existence and which can be seen by naked eyes or has feeling. Intangible Assets: These are reverse from tangible assets as these have no physical existence and nobody can see them with eyes.
Physical assets are plant, machinery, tools, land, building e.t.c where as financial assets include cash, shares, bonds, marketable securites, financial assets are used to purchase Physical asstes.
They are financial assets because they are non-physical assets
We can feel tangible asset,where as we cannot feel intangible asset
There are many advantages of organizing as it relates to physical assets. This allows for easier monitoring and accounting for the assets among other advantages.
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.
A physical asset is something tangible that is owned such as equipment, cash, and inventory. Financial assets refer to things such as stocks and bonds, which have value but are not tangible.
Physical assets are tangible resources that are owned and used by a company to generate revenue. These can include machinery, equipment, buildings, land, and vehicles. Physical assets are recorded on a company's balance sheet and contribute to its overall value and operational capacity.
Physical assets are those assets which put company to earn or produce units to earn revenue like machinery, plant, equipment etc. Financial assets are like shares or debentures purchased in other company.
Real assets are physical assets such as plant, machinary, vehicles, stock/ inventory. Financial assets, are cash, bonds, shares etc., etc.
Intangible assets are those assets which do not have physical substance and nobody can see it physically.Examples:1 - goodwill2 - patent3 - copyrights etc