What are the two main characteristics of intangible assets

Assignment Help Accounting Basics
Reference no: EM131114436

1. What are the two main characteristics of intangible assets? 

Reference no: EM131114436

Questions Cloud

Why does the accounting profession make a distinction : Why does the accounting profession make a distinction between internally created intangibles and purchased intangibles?
Intangibles have either a limited useful life : Intangibles have either a limited useful life or an indefinite useful life. How should these two different types of intangibles be amortized?
Explain in what sense insurance policy on its receivable : Suppose your company has purchased a put option on the euro to manage exchange exposure associated with an account receivable denominated in that currency. In this case, your company can be said to have an "insurance" policy on its receivable. Explai..
How is the cost of the intangible determined : If intangibles are acquired for stock, how is the cost of the intangible determined?
What are the two main characteristics of intangible assets : What are the two main characteristics of intangible assets?
What are the advantages of a currency options contract : What are the advantages of a currency options contract as a hedging tool compared with the forward contract?
Identify the major stakeholders : If Wilkens Company was using the FIFO method of inventory costing, would Lenny Wilkens give the same order? Why or why not?
Cash balance.assume all sales are collected in the year : Cash balance.Assume all sales are collected in the year of sale and all purchases, operating expenses, and taxes are paid during the year incurred.
Discuss and compare the costs of hedging by forward contract : Discuss and compare the costs of hedging by forward contracts and options contracts.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Journalize and post the entry on july 1 and the adjusting

On July 1, 2015, Dobbs Co. pays $14,400 to Kalter Insurance Co. for a 3-year insurance contract, Both companies have fiscal years ending December 31. Journalize and post the entry on July 1 and the adjusting entry on December 31 for Kalter Insuran..

  Amount in his or her capital account

After a partner decides to withdraw from a partnership, which of the following occurs when the withdrawing partner receives more cash than the amount in his or her capital account?

  Starfleet corporation has one temporary difference at the

starfleet corporation has one temporary difference at the end of 2012 that will reverse and cause taxable amounts of

  You have two investment opportunities one will have a 10

you have two investment opportunities. one will have a 10 rate of return on an investment of 500 the other will have an

  Determine debbie and elizabeth realized gain of loss

Elizabeth's property had an adjusted basis of $9000 and a fair market value of $10,500, and Elizabeth gave Debbie $4500 in cash. Determine Debbie's and Elizabeth's realized gain of loss, recognized gain or loss and the basis in their new property.

  Identify the relevant tax issues

If Agnes should die before making the gift, her will stipulates that Stan will receive the stock. Identify the relevant tax issues that Agnes should consider in making her decision.

  Bayside company entered into a lease agreement with shell

bayside company entered into a lease agreement with shell company to lease an asset that cost bayside 120000. the lease

  Prepare a revenue budget for saunders home health agency

prepare a revenue budget for saunders home health agency. blue cross members can only be charged 60 for a nurse visit

  Prepare the journal entries to record the issuance

The Bailey Corporation issued 5 year, 11% bonds with a face value of $300,000 on April 1 for $288,000. Interest is paid semiannually at October 1 and April 1.

  Mullineaux corporation has a target capital structure of 65

mullineaux corporation has a target capital structure of 65 percent common stock 5 percent preferred stock and 30

  What type of incentive plan can high-tec offer the employees

What type of incentive plan can High-Tec offer the employees who don't have the cash to exercise stock options?

  Explain why setting up a series of subsidiary ledgers would

during your first week on the job as you review both prior balance sheets and income statements you see no rhyme or

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd