Question

trademark is which type of asset and what is the type of its balance ??​

Answer 1

Answer:

A trademark is an intangible asset, as it's a nonphysical item granting a business the legal right to exclusively use a logo or other item. This means it is reported on a business's balance sheet.

Answer 2

Answer:

A trademark is an intangible asset, as it's a nonphysical item granting a business the legal right to exclusively use a logo or other item. This means it is reported on a business's balance sheet.

Explanation:

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