Question
Concord Corporation's adjusted trial balance contained the following asset accounts at December 31, 2023: Prepaid Rent $24,000; Goodwill $65,900; Franchise Fees Receivable $3,300; Intangible
Concord Corporation's adjusted trial balance contained the following asset accounts at December 31, 2023: Prepaid Rent $24,000; Goodwill $65,900; Franchise Fees Receivable $3,300; Intangible Assets-Franchises $63,200; Intangible Assets-Patents $47,300; and Intangible AssetsTrademarks $10,700. Prepare the intangible assets section of the statement of financial position. Concord Corporation Statement of Financial Position (Partial) December 31, 2023 Intangible Assets Total Intangible Assets $
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