q what is intangible assetsintangible assets are, Accounting Basics

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q what is intangible assetsintangible assets are

Q. What is Intangible Assets?

Intangible Assets are items likecopyrights, patents, licenses, trademarks, franchises andother kinds of rights or things of value to a company that aren't physical objects. Theseassets can be the most significant ones a company owns. Frequently they don't appear onfinancial reports.

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