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Explain the different categories of intangible assets

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Question 1: Explain the difference between the allowance method and the direct write off method for accounts receivable. Document the method used for each of the three companies.

Question 2: Explain the difference between the straight line, double declining balance and the unit-of-production depreciation methods. Document the method used for each of the three companies.

Question 3: Explain the difference between LIFO and FIFO and document the method used for each of the three companies.

Question 4: Explain the different categories of intangible assets and document the method used for each of the three companies.

Reference no: EM132880118

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