Which of the following is classified as an intangible asset? a Equipment b) Accounts Receivable c Inventory c) Patent

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter11: Long-term Assets
Section: Chapter Questions
Problem 1MC: Property, Plant, and Equipment is considered why type of asset? A. current assets B. contra assets...
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Which of the following is classified as an intangible asset?

Which of the following is classified as an intangible asset?
a Equipment
b) Accounts Receivable
c Inventory
c)
Patent
Transcribed Image Text:Which of the following is classified as an intangible asset? a Equipment b) Accounts Receivable c Inventory c) Patent
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