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    The intangible assets section of the balance sheet

    E12-1 (Classification Issues—Intangibles) Presented below is a list of items that could be included in the intangible assets section of the balance sheet. Instructions (a)Indicate which items on the list above would generally be reported as intangible assets in the balance sheet. 13.Goodwill acquired in the purchase of a business. 15.Cost of purchasing a patent […] More

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    Liquid Assets in Firm

    What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times? Almost every action of company has financial implications, manager responsible for or with oversight of cash flow get directly involved in many functional areas of the business. Cash flow […] More