Cable television franchisesFilm contract rightsMusic copyrightsCustomer listsResearch and development costsPrepaid expensesGoodwillCovenants not to competeCashBrand namesDiscount...
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Cable television franchisesFilm contract rightsMusic copyrightsCustomer listsResearch and development costsPrepaid expensesGoodwillCovenants not to competeCashBrand namesDiscount on notes payableNotes receivableAccounts receivableInvestments in affiliated companiesProperty, plant, and equipmentOrganization costsInternet domain nameLandELO Classification IssuesIntangibles Presented below is selected information related to Martin Burke Inc. at yearend. All these accounts have debit balances.InstructionsIdentify which items should be classified as an intangible asset. For those items not classified as an intangible asset, indicate where they would be reported in the financial statements.
Cable television franchisesFilm contract rightsMusic copyrightsCustomer listsResearch and development costsPrepaid expensesGoodwillCovenants not to competeCashBrand namesDiscount on notes payableNotes receivableAccounts receivableInvestments in affiliated companiesProperty, plant, and equipmentOrganization costsInternet domain nameLandELO Classification IssuesIntangibles Presented below is selected information related to Martin Burke Inc. at yearend. All these accounts have debit balances.InstructionsIdentify which items should be classified as an intangible asset. For those items not classified as an intangible asset, indicate where they would be reported in the financial statements.
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