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Trademark Land 280,000 Share Capital *360,000 Retained Eamings 480,000 1.000.000 1,480,000 Buildings Less:Acoum. Depn. X400,000 80,000 Patents 240,000 320,000 300,000 Accounts Payable 120,000 Salaries Payable

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Trademark Land 280,000 Share Capital *360,000 Retained Eamings 480,000 1.000.000 1,480,000 Buildings Less:Acoum. Depn. X400,000 80,000 Patents 240,000 320,000 300,000 Accounts Payable 120,000 Salaries Payable 280,000 Mortgage Payable 200,000 Fixed Deposit of 2 months Prepaid Rent 40,000 360,000 640,000 Accounts Receivable Cash 260.000 The total amount of assets to be classified as current assets is V860,000 $1,160,000 720,000 W580,000 16,000 18,000 Accounts Payable Accumulated Dep. Building Ch 34,000 50,000 64,000 13,300 ? Une med Revenge Accounts Receivable Dividendo Shure Capital Note Payable Patents Utility Expense Salary Payable Inventory 160,000 10,000 134,000 17,800 Prepaid Ret Retaimed Farins Hey Bal 24,000 3,000 Rent Payable 22,800 Sales Revenue 18,500 420.000 11,000 Buildings 560,000 Copyrights Trademarks 4,000 Supplies 23,000 Note: $40,000 of the notes payable is due in 2018. The total of the intangible assets reported in the trial balance of the company is: $34,000 $11,000 $25,000 $15.000 Question 28 The three main categories of long-term assets are O Long-term investments, Intangibles, Property, Plant and Equipment and Receivables O Long-term Assets, Investments and Intangibles Intangibles, Long-term Investments and PPE Intangibles, Long-term Investments, PPE and Current Assets Moving to another question will save this response

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