Chapter 10 — Long-Term Assets

Chapter Outline

• LO 10.1 Distinguish between Tangible and Intangible Assets
• LO 10.2 Analyze and Classify Capitalized Costs versus Expenses
• LO 10.3 Explain and Apply Depreciation Methods to Allocate Capitalized Costs
• LO 10.4 Describe Accounting for Intangible Assets and Record Related Transactions
• LO 10.5 Describe Some Special Issues in Accounting for Long-Term Assets