COMPARISON

TANGIBLE

A tangible asset is something which has physical existence and a certain economic value. These are the physical resources essential for conducting the business operations in a smooth manner and are not saleable. Some of the examples are :
            Land & Buildings
            Machinery
            Furniture
            Vehicles


INTANGIBLE

Intangible Assets are those which do not have physical existence but possess commercial value and act as a long-term resource to the firm. Some of the instances include:
            Goodwill
            Copyright
            Patent
            Trademark