a. should be reported under the heading property, plant, and equipment.
Intangible assets
a. should be reported under the heading property, plant, and equipment.
b. are not reported on the balance sheet because they lack physical substance.
c. should be reported as current assets on the balance sheet.
d. should be reported as a separate classification on the balance sheet.
Answers: 2
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Intangible assets
a. should be reported under the heading property, plant, and equipment.
a. should be reported under the heading property, plant, and equipment.
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