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The cost of an intangible asset includes all of the

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11. The cost of an intangible asset includes all of the following except a. Purchase price b. Legal fees c. Other incidental expenses d. All of these are included 12. Which of the following is not an intangible asset? 13. Which gives rise to the requirement to accrue a liability for the cost of compensated absences? 14. Calcount pays a weekly payroll of $85,000 that includes federal taxes withheld of $12,700, FICA taxes withheld of $7,890, and 401(k) withholdings of $9,000. What is the effect of assets and liabilities from this transaction?
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