Intermediate Accounting (16th Edition)

Published by Wiley
ISBN 10: 1118743202
ISBN 13: 978-1-11874-320-1

Chapter 12 - Intangible Assets - Review and Practice - Questions - Page 637: 8

Answer

The trademark should not be amortized.

Work Step by Step

The trademark has indefinite life (to infinity) and thus cannot be amortized.
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