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The presentation of intangible assets in the financial statements: a. Involves the use of a...

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Accounting

The presentation of intangible assets in the financial statements:

a. Involves the use of a contra-asset account.

b. Is the same as the presentation of property, plant, and equipment.

c. Includes R & D costs.

d. Should include disclosure of the amount of amortization in the period.

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