Professional Documents
Culture Documents
Intangible Assets:: - Purchased
Intangible Assets:: - Purchased
Intangible Assets:: - Purchased
Purchased
Patents, franchise, trademarks, copyrights, goodwill
Self developed
Patents, trademarks, copyrights, software
Exercise 12 -9: The patent should be reported on the 2004 Balance sheet at
A. B. C. D. $ 2,000,000 $ 1,600,000 $ 1,440,000 $1,200,000
Exercise 12 -9: The franchise should be reported on the 2004 Balance sheet at
A. B. C. D. $ 480,000 $ 432,000 $ 400,000 $380,000
Exercise 12-19
Determine the amount at which the software should be reported on the balance sheet at December 31, 2004