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SAM - Chapter 10400

10435     ACCOUNT NO. 2410 - INTANGIBLE ASSETS
(Revised 5/87)
 
Normal Balance:  Debit

Purpose:  This account shows the cost or appraised value of state owned intangible assets. Intangible assets include copyrights and patents.

Subsidiaries:  Property Ledger

Normal Entries:
Entry No. Debits Entry No. Credits
20. Intangible asset is acquired. 21. Intangible asset is disposed of.

 

Updated : 7/9/2007