| Issue Date: | 2009-09-01 |
|---|---|
| Revised Date: |
Object Type
Cash — Other Expenditures
Reference
Description
To record payment for the purchase of a trademark as authorized by law. Total cost must be equal to or greater than $100,000 and have a useful life greater than one year.
A trademark is a distinctive sign or indicator used by a business organization or other legal entity to identify that the products or services to consumers with which the trademark appears originate from a unique source, and to distinguish its products or services from those of other entities.
Note
Prior to the creation of this code, these expenditures were coded to comptroller object 7210 -- "Fees and Other Charges".
USAS Values
| Appropriation Year | 25 |
|---|---|
| USAS Title | TRADEMARKS - CAPITALIZED |
| Object Group | 10 – Expenditures |
| USAS Status | A |
| Rev/Exp Category | 13 – CAPITAL OUTLAY |