Question

For each of the following long-term assets, identify the type of expense that will be incurred 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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  • CreatedJuly 08, 2015
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