Unidentifiable Intangible Assets vs. Identifiable Intangible Assets

mcf Wrote:
——————————————————-
. Like
> an internally developed brand, you can’t clearly
> assign a value to the asset and, in being
> conservative, you cannot record it as an asset on
> the balance sheet.
AOL did, but that is another story, they massaged the numbers every quarter back in the tech days !
 
mcf Wrote:
——————————————————-
> I go with A.
>
> You can distinctly identify the acquired list as
> an asset – therefore, it is IDENTIFABLE
>
I agree here
 
Guys,
So, what is the answer- I think patent, list in this case is identifiable unlike goodwill. So will say A.
S
 
saurya_s Wrote:
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> Guys,
> So, what is the answer- I think patent, list in
> this case is identifiable unlike goodwill. So will
> say A.
> S
customer lists are identified intangibles. They get tossed onto the balance sheet of the acquirer.
the 15,000 cannot be tossed in tho, with the 50K – I think the 15K is just an expense on the income stmt
 
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