INTERMEDIATE ACCOUNTING WPNG MULTI-S
INTERMEDIATE ACCOUNTING WPNG MULTI-S
17th Edition
ISBN: 2818440096518
Author: Kieso
Publisher: WILEY
Question
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Chapter 12, Problem 3Q
To determine

Intangible assets: An asset that has no physical appearance but has money value is termed as intangible assets.

Amortization of Intangible asset: Charging the cost of particular intangible asset over the period to income statement is called amortization of intangible asset.

To determine the amortization period of intangible assets which have a limited useful life or an indefinite useful life.

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