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

how to journalize freight chargesallowance for doubtful accounts journal entriesgross margin equationinventory turnover period formuladouble declining balance tablehow to do vertical analysis of income statementcalculating margin and markupcomputation of working capitalfifo vs lifojournal entry for recovery of bad debtsconsignee vs consignornote payable calculatorserial bonds payablepresent value compounded continuouslyaccounting for restaurants chart of accountsreturn of capital journal entrypmt functioncontribution margin methodinventory bookkeepingannuity examplesbond premium amortization scheduleinventory sheets for small businesscalculate contribution margin percentagecalculate margin exceldouble entry for accounts receivablemarkup calculator percentagewhat is single entry bookkeepingfreight in freight out accountingeom accountingdirect variable cost definitionexamples of accrued expensesexcel bookkeeping templateunrealised gains and losses accounting treatmentwhat is contra entry explain with exampleoffice supplies adjusting entrycapital turnover ratio formulawithout recourse factoringdepreciation double decliningsimple trial balance examplewhat gaap stands forhow to calculate depletion expensecontra asset meaningexcel job costing templatenominal interest rate formulaequity gearing ratioaccounting ledger examplewhat is remittance advice slipsuspense account balance sheetblank inventory templateexample of payment voucherunearned revenue meaninggoodwill accounting entrycheck returned nsfdeclaring dividends journal entryequation for retained earningsprice and quantity varianceerrors that affect the trial balancebusiness plan financial projections template freecollected accounts receivable journal entrycashiers check definitionannuity loan formulaperpetuity annuityexcel rate function formulacompounded continuously interest formuladouble entries accountingwhat is the future value of an annuityjournal entry worksheet accountingwhat is an imprest accountpetty cash voucher template ukimp restunrealized gains and losses income statementaccumulated depreciation assetaccounts payable vs notes payablesale of asset accountingifrs deferred revenuelump sum discountlifo reserve accountfuture value of annuity formula calculatorinventory valuation lower of cost or marketchart of accounts for non profit organization