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Which of the following is not an intangible asset?
Accountingmedium
ATrade mark
BFranchise
Accounts Receivable
DSecret Profit An accounts receivable is not an intangible asset. It is the amount that the business has to receive from its debtors. The other assets mentioned in alternatives a, b, and d- trademark, franchises and secret processes are intangible assets. Hence, the correct answer is
Correct Answer: C. Accounts Receivable
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