Classifying tangible and intangible assets
Required
Identify each of the following long-term operational assets as either tangible (T) or intangible (I).
a.Retail store building
b. Shelving for inventory
c. Trademark
d. Gas well
e. Drilling rig
f. FCC license for TV station
g. 18-wheel truck
h. Timber
i. Log loader
j. Dental chair
k. Goodwill
l. Computer software
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