Match the following terms with the appropriate definition.
-Long-term resources that benefit business operations,usually lack physical form,and have uncertain benefits.
A)Stockholders' equity
B)Unclassified balance sheet
C)Long-term investments
D)Current liabilities
E)Closing entries
F)Current ratio
G)Plant assets
H)Current assets
I)Intangible assets
J)Classified balance sheet

Question

Quizplus · Accepted Answer

Intangible assets are long-term resources that benefit business operations, usually lack physical form, and have uncertain benefits. Examples include patents, copyrights, and trademarks.

Match the Following Terms with the Appropriate Definition