Which one of the following is an example of an intangible asset?

Preliminary expenses

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Discount on issue of debentures

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Investments

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Copyrights

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Solution

The correct option is D Copyrights
Fixed assets are of 2 types:
1. Tangible
2. Intangible
Intangible assets are such assets which cannot be seen or touched. Goodwill, Patent, Trademarks, are some of the examples of intangible assets.

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