Chapter 3
Long-Term Assets
88
AS-10 (
6
)
In which section of the balance sheet are intangible assets found?
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
AS-11 (
6
)
What is the primary difference between intangible assets and tangible assets?
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
AS-12 (
6
)
Define intangible assets and describe the costs that are included in calculating their value.
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
AS-13 (
6
)
Define goodwill.
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
______________________________________________________________________________
