Nancy Chawla In: Category - AssetsCan someone share a list of tangible and intangible assets?intangible assetslisttangible assets ShareFacebook1 AnswerVotedRecent Palak 2020-07-29T16:26:26+05:30Added an answer on July 29, 2020 at 4:26 pm This answer was edited. List of Tangible and Intangible assetsINTANGIBLE ASSETSTANGIBLE ASSETS1. LEGAL FEES1. PLANT & MACHINERY2. PATENTS2. CASH & CASH EQUIVALENTS3. LICENSES3. LAND & BUILDING4. TRADEMARKS4. EQUIPMENTS5. FRANCHISES5. FURNITURE & FIXTURES6. GOODWILL6. INVENTORY7. COPYRIGHTS7. MARKETABLE SECURITIES8. BRAND EQUITY8. INVESTMENTS9. BROADCAST RIGHTS9. RAW MATERIALS10. RESEARCH & DEVELOPMENT10. VEHICLESNotesIntangible assets: (invisible)Legal fees – It is an intangible asset as it refers to the fees incurred in the registration of trademarks and patents.Patents – A patent is an exclusive right that is granted to an inventor by law which permits them to exclude anyone from producing, using, or selling their invention for a given period.Licenses – refers to a right that is purchased to operate a business.Trademark – refers to a legal right which protects the distinct identity of a company. It can comprise of a name, logo, slogan, or anything that depicts a company’s unique identity.Franchises – refers to a license/permission granted by the owner, under certain conditions, to produce or sell a product or service.Goodwill – refers to the reputation of a company which is determined by its profits and losses.Copyrights – It is an intellectual property right obtained by a creator usually in the fields of art, music, literary, etc, which restricts a person from publishing the content without the consent of the owner.Brand equity – refers to the value of the unique identity of a business. It can be positive or negative.Broadcast rights – refer to the rights obtained under a licensing agreement for broadcasting a program.Research & Development – includes the development of software and technological innovations of a company. Tangible assets: (visible)Plant & Machinery – used to convert raw materials into finished goods. They are recorded in the books of accounts at a depreciated value.Cash and Cash equivalents – It refers to the cash in hand and cash at bank. The cash equivalents are usually stated at the value they are convertible into cash.Land & Building – represents the ownership of a physical property of the business.Equipments – used in the production activities of a business.Furniture & Fixtures – refers to the movable equipment that is a part of the office layout.Inventory – refers to the valuable items which are usually stored in a warehouse with a plan of being sold or utilized in the process of production.Marketable securities – refers to the stocks, bonds, shares which can be easily converted into cash.Investments – refers to a liquid asset that is purchased with an expectation of being sold in the future.Raw materials – refers to the tangible materials used for manufacturing goods.Vehicles – The vehicles used by the proprietor such as a car or the trucks, tractors used for the operating activities of a business. Hope this helps.0Reply Share ShareShare on FacebookShare on TwitterShare on LinkedInShare on WhatsAppLeave an answerCancel replyYou must login to add an answer. Username or email* Password* Captcha* Click on image to update the captcha. Remember Me! Forgot Password?