cocial TBSFCO0228 Clessification In the following Tes, you are to complete various tasks related to...
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Accounting
cocial TBSFCO0228 Clessification In the following Tes, you are to complete various tasks related to accounting for intangible assets. All information necessary to do your work is provided. Metro Co. lists several items in the spreadsheet below. In the second column indicate whether the item is an intangible asset and how it is classified by clicking on the related cell in that column and selecting from the options provided in the popup list. In the third column indicate the appropriate capitalization of related expenditures for the item. In the fourth column, select the appropriate choice for amortization. In the last column select the appropriate choice for recognizing impairment losses. Each solution cholce from the options popup lists may be used once, more than once, or not at all. Item Classification Capitalization Amortization Impalment B B

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