Ask Question
13 July, 00:20

How should intangible assets be disclosed on the balance sheet?

At the estimated market value at the balance sheet date

At cost in the current assets section

Net of the costs already amortized

As a reduction of stockholders' equity

+3
Answers (1)
  1. 13 July, 00:52
    0
    Net of the costs already amortized.

    Explanation:

    Intangible assets are disclosed in the Balance Sheet at historical cost less amortisation already done. It cannot be taken at market value nor its a current asset or a reduction in stockholder's equity.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “How should intangible assets be disclosed on the balance sheet? At the estimated market value at the balance sheet date At cost in the ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers