Question: Financial Statement Presentation Alexa Corp. reported the following amounts for the year just ended: Land $150,000 Patents 25,000 Equipment 40,000 Buildings 150,000 Goodwill 37,000 Accumulated

Financial Statement Presentation

Alexa Corp. reported the following amounts for the year just ended:

Land $150,000
Patents 25,000
Equipment 40,000
Buildings 150,000
Goodwill 37,000
Accumulated amortization 13,000
Accumulated depreciation 90,000

Prepare a partial balance sheet for these amounts.

Property, Plant and Equipment (net) Answer
Goodwill Answer
Intangible Assets Answer

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Financial Statement Presentation

Evae Corp. reported the following amounts for the year just ended:

Land $80
Trademarks 35
Equipment 100
Buildings 130
Goodwill 45
Accumulated amortization 7
Accumulated depreciation 75

Prepare a partial balance sheet for these amounts.

Property, Plant and Equipment (net) Answer
Goodwill Answer
Intangible Assets Answer

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