Assets Flashcards
0
Q
Bonds (held-to-maturity)
A
Long-term investments
1
Q
Franchise
A
Intangible assets
2
Q
Less allowance for doubtful accounts (contra asset)
A
Current asset (Cr)
3
Q
Real estate (held for investment only)
A
Long-term investments
4
Q
Land (held for operations only)
A
Property, plant, and equipment
5
Q
(less accumulated depreciation [contra asset])
A
Property, plant, and equipment (Cr)
6
Q
Accounts receivable
A
Current asset
7
Q
Trademarks
A
Intangible assets
9
Q
Copyrights
A
Intangible assets
10
Q
Computers and peripheral equipment (phones etc.)
A
Property, plant, and equipment
11
Q
Intellectual property rights
A
Intangible assets
12
Q
Prepaid expenses (insurance, rent, supplies, etc.)
A
Current asset
13
Q
Inventories
A
Current asset
15
Q
Notes receivable (current portion only)
A
Current asset
16
Q
Machinery and equipment
A
Property, plant, and equipment
