In Which Balance Sheet Section Would Trademarks Be Reported - Development cost is often relatively low in comparison to the worth of the right. Many intangible assets (such as trademarks and copyrights) are reported on the balance sheet of their creator at a value significantly below actual worth. According to the historical cost principle, all assets, with the exception of some intangible assets, are reported on the balance sheet at their purchase price. In other words, they are listed on the report for the same amount of money the company paid for them. They are shown at cost less any amortization.
Many intangible assets (such as trademarks and copyrights) are reported on the balance sheet of their creator at a value significantly below actual worth. According to the historical cost principle, all assets, with the exception of some intangible assets, are reported on the balance sheet at their purchase price. They are shown at cost less any amortization. In other words, they are listed on the report for the same amount of money the company paid for them. Development cost is often relatively low in comparison to the worth of the right.