Recognition Of AS-26 - Intangible Assets, Its Accounting Treatment

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Being a commerce professional the term Intangible Asset is so common, generally we think intangible asset is that asset which we cannot touch, feel, see etc. so according to this meaning prepaid advances is intangible assets as we cannot feel, touch or see, but it is no so prepaid advances are not i
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ESHA AGRAWAL

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Hello everyone... Myself Esha Agrawal pursuing CA finals, i have done MBA from Symbiosis Center of distance learning... I like reading books, writing articles

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