Required Identify each of the following long-term operational assets as either tangible (T) or intangible (1). Tangible (T), Intangible (1) a. Pizza oven b. Land с. Franchise d. Filing cabinet e. Copyright f. Silver mine g. Office building h. Drill press i. Patent j. Oil well k. Desk I. Goodwill

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Required
Identify each of the following long-term operational assets as either tangible (T) or intangible (I).
Tangible (T),
Intangible (1)
a.
Pizza oven
b.
Land
C.
Franchise
d. Filing cabinet
e.
Copyright
f.
Silver mine
g.
Office building
h.
Drill press
es
i.
Patent
j.
Oil well
k.
Desk
I.
Goodwill
Transcribed Image Text:Required Identify each of the following long-term operational assets as either tangible (T) or intangible (I). Tangible (T), Intangible (1) a. Pizza oven b. Land C. Franchise d. Filing cabinet e. Copyright f. Silver mine g. Office building h. Drill press es i. Patent j. Oil well k. Desk I. Goodwill
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