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What is an intangible asset

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Reference no: EM131794223

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Can I get some help answering these questions?

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

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.

Reference no: EM131794223

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