Asset calcification
This query is : Resolved
17 June 2008
Are loans & Advances and debtors tangible assets or intangible assets
17 June 2008
But on the normal course of business they do not have physical existance
So this dosent fit into the definition.
So this dosent fit into the definition.
18 June 2008
They do have physical existence...Debtor is someone who owes money to business & he has physical existence...same in the case of loan or Advance reciever...
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