Using the information in Exercise 13, calculate each of the following: a. Current assets b. Property, plant

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Using the information in Exercise 13, calculate each of the following:
a. Current assets
b. Property, plant and equipment
c. Intangible assets
d. Long-term investments
e. Total assets
f. Current liabilities
g. Long-term liabilities
h. Total liabilities
i. Total liabilities and equity
In Exercise 13
Using the information in Exercise 13, calculate each of the

1 $5,000 of the long-term note payable is due during the year ended March 31, 2015.
2 $2,000 of the notes receivable will be collected by March 31, 2015.

Intangible Assets
An intangible asset is a resource controlled by an entity without physical substance. Unlike other assets, an intangible asset has no physical existence and you cannot touch it.Types of Intangible Assets and ExamplesSome examples are patented...
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Fundamental Accounting Principles

ISBN: 978-0071051507

Volume I, 14th Canadian Edition

Authors: Larson Kermit, Tilly Jensen

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