What Are Intangible Assets?

Intangible assets are assets which lack physical substance. Examples include patents and copyrights which have a limited life and are amortised, and trademarks which have an indefinite life and are subject to impairment reviews.

In each case the journal entries show the debit and credit account together with a brief narrative.

What Are Intangible Assets? September 20th, 2017Team
Read more

You May Also Like


Related pages


what is the formula to calculate inventory turnoverirr example exceloperating lease treatmentmarkup on cost calculatorjournal entry for goodwilldefinition of retail shrinkuncleared chequepartnership balance sheet sampleaccounting quizzescapital lease accounting lessornon profit cash flow statement templatefutures accounting entriesaccounting prepaid expensesdouble-entry accounting transactions must alwaysdoubling chartbills payable bookjournal entry for accrued interestexcel petty cash templateinterest coverage ratio calculatorbookkeeping 1 tutorialdebit and credit quizretained earnings entrydeferred revenue amortizationbank rec formatexample of overstatementstraight line amortization tablefactoring accounts receivable journal entriesdebenture bonds exampledeferred tax asset journalhow to prepare a multiple step income statementcost of goods sold chart of accountscommon stockholders equity formulaslm depreciationmeaning of debit note and credit noteaccounting contra accountswhat does freight fob meannet realizablesales ledger double entrymaterial requisition note definitioncost accounting fifo methodamortization straight line methodcoupon bond price calculatoraccounting worksheet excel templateaccounting spreadsheet examplethe double entry accounting system records each transaction twicecash conversion period formulacvp income statement exampletotal asset turnover ratio calculatorwhat is considered utilities expensebookkeeping formatexample of ledger entryformula to calculate variable cost per unitbills payable and bills receivablenet realisable value of inventorydef sundryyear end inventory adjustment journal entrygross profit markupannuity value formulacapital employed ratio formulaamortised cost calculationhow to calculate gearing ratioface value of a bond calculatoris unearned revenue on the income statementcontribution margin statement examplebookkeeping sheetsadjusting entries for prepaid expensespetty cash transactions definitionjournal entry for provision of income taxtabel present value lengkapdepreciation schedule in excelwhat is double declining depreciationstraight line method of depreciation formulahow to do unadjusted trial balancesimple ledger sheetdividends payable journal entrycash disbursement voucherprepayment on balance sheettransactional analysis simple explanationunder a perpetual inventory systemhorizontal analysis accountingjournal voucher entriesfisher equation formulawhat is depletion expenseexcel present value of future cash flowsaccrued revenue balance sheet