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Tangible and Intangible Asset Tutorial in English

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In this video is all about tangible and intangible asset tutorial. What are Tangible assets and Intangible assets? I explained in English. Tangible assets include fixed and current assets, while intangible assets cannot be touched or felt but a company derives long term value from them. That means tangible and intangible asset add value to the company.
There are two types of categories of assets-
Tangible assets are the main type of assets that companies use to produce their product and service. tangible assets are physical; they include cash, inventory, vehicles, equipment, land and buildings, machineries, and investments.
Intangible assets don't physically exist, yet are they have a monetary value. Intangible assets include patents, copyrights, company's brand, trademarks, goodwill. accounts receivable, pre-paid expenses etc.
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You can connect me on social media. Links are below-
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#accountingcelebrity #accountingtutorials #tangibleassets #intangibleassets
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TIMESTAMPS--
00:00 Intro
00:21 description
01:08 Tangible Assets
02:44 Intangible Assets
04:33 description of intangible assets
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Accounting Celebrity
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► Business Inquiries ONLY
There are two types of categories of assets-
Tangible assets are the main type of assets that companies use to produce their product and service. tangible assets are physical; they include cash, inventory, vehicles, equipment, land and buildings, machineries, and investments.
Intangible assets don't physically exist, yet are they have a monetary value. Intangible assets include patents, copyrights, company's brand, trademarks, goodwill. accounts receivable, pre-paid expenses etc.
--------
You can connect me on social media. Links are below-
--------
#accountingcelebrity #accountingtutorials #tangibleassets #intangibleassets
--------
TIMESTAMPS--
00:00 Intro
00:21 description
01:08 Tangible Assets
02:44 Intangible Assets
04:33 description of intangible assets
--------
Accounting Celebrity
--------
► Business Inquiries ONLY