Which of the following statement is correct for Intangible Assets? A. Intangible Assets are recorded at cost when purchased B. Cost of Intangible Assets are amortized over estimated useful life C. Intangible Assets do not have to be shown separately from PPE. D. A and B A/R accounts for specific customers are important because they show: A. How much each customer has paid. B. How much each customer still owes. C. The basis for sending bills to customers. D. All of these answers are correct