<P> If applicable to the business, summary values for the following items should be included in the balance sheet: Assets are all the things the business owns . This will include property, tools, vehicles, furniture, machinery, and so on . </P> <P> Non-current assets (Fixed assets) </P> <Ol> <Li> Property, plant and equipment </Li> <Li> Investment property, such as real estate held for investment purposes </Li> <Li> Intangible assets such as (patents, copyrights and goodwill) </Li> <Li> Financial assets (excluding investments accounted for using the equity method, accounts receivables, and cash and cash equivalents), such as notes receivables </Li> <Li> Investments accounted for using the equity method </Li> <Li> Biological assets, which are living plants or animals . Bearer biological assets are plants or animals which bear agricultural produce for harvest, such as apple trees grown to produce apples and sheep raised to produce wool . </Li> <Li> Loan To (More than one financial period) </Li> </Ol> <Li> Property, plant and equipment </Li>

Where does a patent go on balance sheet