HADM_121_Chapter8_Final 1

HADM_121_Chapter8_Final 1 - [Type the document title M8-3 1...

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[Type the document title] September 30, 2007 M8-3 1. R 2. C 3. C 4. R 5. N 6. N 7. R 8. R 9. R M8-4 M8-5
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[Type the document title] September 30, 2007 M8-6 M8-7 Is Asset Impaired Amount ? Yes 7000 NO YES 20,000 NO M8-8 M8-9 M8-10
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[Type the document title] September 30, 2007
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[Type the document title] September 30, 2007 E8-5
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[Type the document title] September 30, 2007 E8-14
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[Type the document title] September 30, 2007
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AP8-1 1. a. Tangible Assets: have physical substance that is they can be touched.
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Unformatted text preview: They have three categories, Property, Plant, and Equipment or fixed Assets b. Intangible Assets are long lived assets without physical substance that confer specific rights on their owner. Examples are patents, copyrights, franchises licenses and trademarks 4. Did not include freight costs because it was covered by the vendor. AP8-2...
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