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Intangible Assets in Balance Sheet

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Identify two intangible assets recorded on the balance sheet of a selected business. Identify another intangible asset of that business not included financial statement. What are the advantages or disadvantages of keeping the intangible asset off the books?

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Solution Summary

This solution of 106 words defines an intangible asset and the advantages and disadvantages of keeping intangible assets off the books.

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Intangible assets recorded in Microsoft's balance sheet are good will and technology-based intangible asset. An intangible asset of Microsoft that is not fully valued or ...

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