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Presented below is selected account information related to

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Presented below is selected account information related to Fryman Inc. at year-end. All these accounts have debit balances.

Brand names Music copyrights

Film contract rights Customer lists

Research and development costs Prepaid expenses

Covenants not to compete Goodwill

Cash Cable television franchises

Notes receivable Discount on notes payable

Accounts receivable Investments in affiliated companies

Property, plant, and equipment Organization costs

Land Internet domain name

Instructions

Identify which items should be classified as an intangible asset. For those items not classified as intangible assets, indicate where each would be reported in the financial statements.

Reference no: EM13391351

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