EXERCISE 8-3A

Exercise 8-3A Classifying tangible and intangible assets Required Identify each of the following long.term operational assets as either tangible (T) or intangible (1): a. Pizza oven g. Office building b. Land h. Drill press c. Franchise i. Patent d. Filing cabinet 1. Oil well e. Copyright f. Silver mine 1. Dosk Exercise 8-3A Classifying tangible and intangible assets Required Identify each of the following long-term operational assets as either tangible (T) or intangible (I): a. Pizza oven g. Office building b. Land h. Drill press c. Franchise i. Patent d. Filing cabinet J. Oil well e. Copyright k. Desk f. Silver mine 1. Goodwill Required Identify each of the following long-term operational assets as either tangible ( T ) or intangible (I): a. Pizza oven g. Office building b. Land h. Drill press c. Franchise i. Patent d. Filing cabinet j. Oil well e. Copyright k. Desk f. Silver mine l. Goodwill Exercise 8-3A Classifying tangible and intangible assets Required Identify each of the following long-term operational assets as either tangible (T) or intangible (I: a. Pizza oven b. Land g. Office building c. Franchise h. Drill press d. Filing cabinet i. Patent e. Copyright j. Oil well f. Silver mine k. Desk L. Goodwill