Question: On 2 0 December 2 0 X 2 , Wahyuni Resort pays 2 0 0 , 0 0 0 for a database of names and

20

December

20

2,

Wahyuni Resort pays

200, 000

for a database of names and contacts from an upmarket German

-

based adventure

-

tour operator. The company expect the customer list will be effective in identifying potential customers for a maximum of five years, after which the database will be too old to be effective. By that time they expect that Wahyuni Resort will have established itself as a leading brand in the ecotourism industry and direct mailing will no longer be necessary.

The database of names and contact bought, can it be recognized as intangible asset? Why or Why not?

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