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    tvlaptop's Avatar
    tvlaptop Posts: 8, Reputation: 1
    New Member
     
    #1

    Sep 23, 2007, 08:48 AM
    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
    CaptainForest's Avatar
    CaptainForest Posts: 3,645, Reputation: 393
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    #2

    Sep 23, 2007, 01:50 PM
    No.

    They are assets, but they should be included under the intangible assets section.
    Hermansherman's Avatar
    Hermansherman Posts: 37, Reputation: 4
    Junior Member
     
    #3

    Sep 24, 2007, 07:54 AM
    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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