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May 15 ) Goodwill 56000 business purchase 56000 (To record goodwill as part of purchase of another company.) Dec 31 1 Amortization Expense 9000 Accumulated

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May 15 ) Goodwill 56000 business purchase 56000 (To record goodwill as part of purchase of another company.) Dec 31 1 Amortization Expense 9000 Accumulated Amortization - Patents 9000 (To record amortization expense.) Dec 31 Impairment Loss 41000 Goodwill C D 41000 (To record impairment loss on goodwill.) 2021: Date Account Titles and Explanation Debit Credit Jan.2 Patents 24000 Cash 24000 (To record successful defence of patent.) Mar. 31 Research Expense 157000 Cash 157000 (To record research expense.) Copyrights Apr.1 78000 Apr. 1 Copyrights 78000 C C 78000 | Cash (To record cash purchase of copyright.) Trademark July 1 275000 Cash 275000 (To record cash purchase of trademark.) Amortization Expense Dec 31 1 16800 Accumulated Amortization - Patents 9000 Accumulated Amortization - Copyrights 7800 (To record amortization expense.) e Textbook and Media Assistance Used List of Accounts X Your answer is incorrect. Show the balance sheet presentation of the intangible assets and goodwill at December 31, 2021. (List Intangible Assets in order of Patents, Copyrights and Trademarks.) Bridgeport Enterprises Balance Sheet (Partial) Show the balance sheet presentation of the intangible assets and goodwill at December 31, 2021. (List Intangible Assets in order of Patent Bridgeport Enterprises Balance Sheet (Partial) Assets e Textbook and Media List of Accounts May 15 ) Goodwill 56000 business purchase 56000 (To record goodwill as part of purchase of another company.) Dec 31 1 Amortization Expense 9000 Accumulated Amortization - Patents 9000 (To record amortization expense.) Dec 31 Impairment Loss 41000 Goodwill C D 41000 (To record impairment loss on goodwill.) 2021: Date Account Titles and Explanation Debit Credit Jan.2 Patents 24000 Cash 24000 (To record successful defence of patent.) Mar. 31 Research Expense 157000 Cash 157000 (To record research expense.) Copyrights Apr.1 78000 Apr. 1 Copyrights 78000 C C 78000 | Cash (To record cash purchase of copyright.) Trademark July 1 275000 Cash 275000 (To record cash purchase of trademark.) Amortization Expense Dec 31 1 16800 Accumulated Amortization - Patents 9000 Accumulated Amortization - Copyrights 7800 (To record amortization expense.) e Textbook and Media Assistance Used List of Accounts X Your answer is incorrect. Show the balance sheet presentation of the intangible assets and goodwill at December 31, 2021. (List Intangible Assets in order of Patents, Copyrights and Trademarks.) Bridgeport Enterprises Balance Sheet (Partial) Show the balance sheet presentation of the intangible assets and goodwill at December 31, 2021. (List Intangible Assets in order of Patent Bridgeport Enterprises Balance Sheet (Partial) Assets e Textbook and Media List of Accounts

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