(A) Tangible assets
(B) Intangible assets
(C) Fixed assets
(D) None of these
Answer: (B) Intangible assets
Intangible assets are generally not recorded in the books of accounts.
(A) Tangible assets
(B) Intangible assets
(C) Fixed assets
(D) None of these
Answer: (B) Intangible assets
Intangible assets are generally not recorded in the books of accounts.