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 20
USAS Title TRADEMARKS - CAPITALIZED
Object Group 10 – Expenditures
USAS Status A
Rev/Exp Category 13 – CAPITAL OUTLAY