Question

For each of the following long-term assets, identify the type of expense that will beincurred to allocate the asset’s cost as depreciation expense (DR), depletion expense
(DL), amortization expense (A), or none of these (NA).
_____ 1. Franchises
_____ 2. Land
_____ 3. Buildings
_____ 4. Furniture
_____ 5. Patents
_____ 6. Copyrights
_____ 7. Trademarks
_____ 8. Land improvements
_____ 9. Gold ore deposits



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  • CreatedApril 29, 2014
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