Accountancy, asked by npalkrishna2001, 6 months ago

patents will be placed in balance sheet assest side????​

Answers

Answered by yogeshparashar452
1

Answer:

Intangible assets are part of the long-term assets section on the balance sheet. Intangibles include patents, copyrights, trademarks, franchise licenses, goodwill and other nonphysical items that do not have a readily available market value.

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