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ABC Corp's adjusted trial balance contained the following asset accounts on December 31, 20XX: Prepaid Rent, $26,640: Inventory. $60,460: Franchise Fees Receivable, $2,390; Franchises, $56,950;
ABC Corp's adjusted trial balance contained the following asset accounts on December 31, 20XX: Prepaid Rent, $26,640: Inventory. $60,460: Franchise Fees Receivable, $2,390; Franchises, $56,950; Patents. $39,880: and Trademarks, $12,120. Calculate the total amount of intangible assets on December 31, 20XX, using this information. $106,226 $108.950 $111,674 $114,398 $117.121
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The Solitary Auditor
Authors: Michael Knapp
1st Edition
161163878X, 978-1611638783
