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-   -   Is patents ( Intangible assets) added in total assets on balance sheet (https://www.askmehelpdesk.com/showthread.php?t=132776)

  • Sep 23, 2007, 08:48 AM
    tvlaptop
    Is patents ( Intangible assets) added in total assets on balance sheet
    Is the patents (Intangible assest)amount added to the current assets amount on a balance sheet.
    Help
    Thanks
  • Sep 23, 2007, 01:50 PM
    CaptainForest
    No.

    They are assets, but they should be included under the intangible assets section.
  • Sep 24, 2007, 07:54 AM
    Hermansherman
    Quote:
    Originally Posted by tvlaptop
    Is the patents (Intangible assest)amount added to the current assets amount on a balance sheet.
    help
    thanks

    Definitely not a current asset

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