Accounting English

Assets: Online Test:

Fill in the missing words in the sentences below. Choose from the following:
in, assets, tangible, depreciation, patents, from
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 1.   Total assets as of December 31, 2003, increased by €184 million, or 32.7%,     December 31, 2002.
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 2.   The most common types of intangible assets are   , copyrights, franchises or licenses, trademarks or trade names, and goodwill.
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 3.   At December 31, 2003 and 2002, the Company had patents, trademarks and other identifiable intangible     with a value of $124.0 million and $128.6 million, respectively.
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 4.   The increase in current assets is largely due to increases     notes receivable and prepaid expenses.
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 5.   The     net assets of this company were appraised at €950,000 on December 31, 2002.
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 6.   Property, plant, and equipment includes buildings $2,525,000 less accumulated depreciation of $461,000; equipment $642,000 less accumulated     of $208,000; and land $856,000.

 



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