Question: Question 23 (1 point) Use the following data to determine the total dollar amount of assets to be classified as Intangible assets Koonce Office Supplies
Question 23 (1 point) Use the following data to determine the total dollar amount of assets to be classified as Intangible assets Koonce Office Supplies Balance Sheet December 31, 2017 Cash Accounts receivable 30,000 S 195,000 150,000 Accounts payable 210,000 Salaries and wages payable 165,000 Mortgage payable 240.000 90,000 255,000 270,000 Inventory Prepaid insurance Stock investments Licenses Buildings Less: Accumulated depreciation (60000) 255,000 Trademarks Total liabilities Common stock 360,000 Retained earnings 750.000 Total stockholders' equity Total liabilities and S315,000 $1.110.000 210.000 stockholders' equity $1590.000 $1.590 000 Total assets
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