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Pronghorn Corporation's adjusted trial balance contained the following asset accounts at December 31, 2025: Prepaid Rent $12,800, Goodwill $59,400, Franchise Fees Receivable $4,690, Franchises
Pronghorn Corporation's adjusted trial balance contained the following asset accounts at December 31, 2025: Prepaid Rent $12,800, Goodwill $59,400, Franchise Fees Receivable $4,690, Franchises $44,940, Patents $35,340, and Trademarks $14,950. Prepare the intangible assets section of the balance sheet. Current Assets Cash Accounts Receivable PRONGHORN CORPORATION Balance Sheet (partial) December 31, 2025 $ $ +A
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Financial accounting
Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel
IFRS Edition
9781119153726, 978-1118285909
