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where is show software in balance sheet?

2006-12-24 20:31:06 · 1 answers · asked by moosa kutty k 1 in Business & Finance ➔ Other - Business & Finance

1 answers

Software is shown on the asset side of the balance sheet as a Long Term or Non-Current asset.

The software license (including maintenance) is amortized over the life of the contract.

2006-12-28 00:56:45 · answer #1 · answered by csanda 6 · 0⤊ 0⤋

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