Yes, branding is an intangible asset. Usually, common referred to under Goodwill.
No. A prepaid asset is an asset that May be Tangible or Intangible, but is not yet 'in service'. When it is acquired and in service, is when it may be determined if it is Tangible or Intangible.
Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.
patents are intangible assets as these have not physical existence. patent is a right to use something which is not physical that's why it is an intangible asset.
Most common example of intengible asset is "GOODWILL"
amortization
No. A prepaid asset is an asset that May be Tangible or Intangible, but is not yet 'in service'. When it is acquired and in service, is when it may be determined if it is Tangible or Intangible.
1)Tangible fixed asset 2)Intangible fixed asset 1)Tangible fixed asset 2)Intangible fixed asset
The answer is neither one. Accounts receivable are a current asset; neither an intangible asset (e.g. goodwill) nor a fixed asset (e.g. plant and equipment).
Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.
No it is tangible.
Yes, it is
patents are intangible assets as these have not physical existence. patent is a right to use something which is not physical that's why it is an intangible asset.
Most common example of intengible asset is "GOODWILL"
I think it is.
no, intangible
Yes, a license can be considered an identifiable intangible asset. An identifiable intangible asset is a non-physical asset that can be separately identified and has a measurable value. A license grants the holder the right to use a specific intellectual property or resource, and it can be bought, sold, or transferred, thus meeting the criteria of an identifiable intangible asset.
amortization