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Determines an intangible asset is included in balance sheet

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Reference no: EM131795616

Problem

Can I get help answering these few questions please? It needs to be detailed.

Which intangible assets appear on a company's balance sheet under U.S. generally accepted accounting principles (GAAP)? Describe how U.S. GAAP determines whether an intangible asset is included in the balance sheet.

In general, what is an intangible asset? Give several examples of intangible assets.

Reference no: EM131795616

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