Question
Cook Companys adjusted trial balance includes the following accounts and balances: Equipment $75,000 Land $90,000 Goodwill $56,000 Deferred Revenue $10,000 Patents $64,000 What is the
Cook Companys adjusted trial balance includes the following accounts and balances:
| Equipment | $75,000 |
| Land | $90,000 |
| Goodwill | $56,000 |
| Deferred Revenue | $10,000 |
| Patents | $64,000 |
What is the total amount of intangible assets assuming the accounts above reflect normal activities?
Group of answer choices
$56,000
$120,000
$285,000
$165,000
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Horngren S Financial And Managerial Accounting The Managerial Chapters
Authors: Tracie L. Miller-Nobles ,Brenda L. Mattison ,Ella Mae Matsumura
4th Edition
0133255433, 978-0133255430
