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Home › CBSE Class 11 (Commerce) › Accountancy › Financial Statements of Sole Proprietorship › Which of these is an intangible asset?

Which of these is an intangible asset?

AFurniture
BPlant
CLand
DPatents
Answer & Solution
Correct answer: D. Patents
Patents cannot be seen or touched, so they are intangible, like goodwill and trademarks.
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