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QUESTION 33 Using the Balance Sheet given below calculate mangible assets Cain Auto Supplies Balance Sheet December 31, 2016 Cash $76.000 22.000 $ 80.000 36.000

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QUESTION 33 Using the Balance Sheet given below calculate mangible assets Cain Auto Supplies Balance Sheet December 31, 2016 Cash $76.000 22.000 $ 80.000 36.000 60.000 204.000 96.000 90.000 132.000 Accounts payable Interest payable Mortgage payable Total abilities Prepaid Insurance Accounts Receivable (Net) Inventory Land held for investment Land Building and Equipment Less accumulated deprecation Trademark 216,000 314,000 Common Stock Retained Earnings Total stockholders' equity $164.000 300,000 414,000 (24.000 34,000 30,000 Copyright Total Assets Total abilities Stockholder Equity 5 758.000 5758.000 190,000 564,000 $34.000

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