Tangible and intangible assets are normally presented on the balance sheet as?

Tangible and intangible assets are typically presented on the balance sheet under separate categories. Tangible assets, such as property, equipment, and inventory, are listed as physical items with measurable value. Intangible assets, like patents, trademarks, and goodwill, are presented separately to reflect their non-physical nature. Both types of assets are recorded at their acquisition cost and may be subject to depreciation or amortization over time.