a cute kitten

Chapter 2 The Classified Balance Sheet

Description: 10 Balance Sheet: Assets Intangible Assets Non-current, non-physical assets of a business, the possession of which provides uncertain future benefits to the owner E.g., goodwill, trademarks, patents, copyrights, etc. Is accounts receivable an intangible asset? Not for accounting purposes Intangible assets are carried on the balance sheet at cost (-) accumulated amortization.


Related Ebooks & Documents

We use cookies, just to track visits to our website, we store no personal details.