USING THE FOLLOWING DATA, CALCULATE THE DOLLAR AMOUNT ($) OF TOTAL INTANGIBLE ASSETS DEPRECIATION EXPENSE-BLDG 5. SALARIES AND WAGES PAYABLE 800 LAND 200 ACCUMULATED DEPRECIATION-BUILDING 35 UNEARNED SALES REVENUE 360 SHORT TERM INVESTMENTS 93 PATENTS 69 NOTES PAYABLE 180 --- PREPAID LEGAL EXPENSE 18 BUILDING 990 MORTGAGE PAYABLE 510 LONG TERM NOTES RECEIVABLE 30 25 GOODWILL 18 MEDICAL SUPPLIES 720 103 LAND HELD FOR FUTURE USE BONDS PAYABLE 14 280 UNEARNED INTEREST FEES COST OF SALES 45 3 LAND HELD FOR FUTURE USE INTEREST INCOME 170 387 COPYRIGHTS INVENTORY 20 122 PREPAID ADVERTISING PENSION OBLIGATIONS 50 15 LONG TERM NOTES PAYABLE 180 RENTAL FEES 10 TRADEMARK ACCRUED LIABILITIES

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question 6
USING THE FOLLOWING DATA, CALCULATE THE DOLLAR AMOUNT ($) OF TOTAL INTANGIBLE ASSETS
DEPRECIATION EXPENSE-BLDG
5.
SALARIES AND WAGES PAYABLE
800
LAND
200
ACCUMULATED DEPRECIATION -BUILDING
35
UNEARNED SALES REVENUE
360
SHORT TERM INVESTMENTS
93
PATENTS
69
NOTES PAYABLE
180
PREPAID LEGAL EXPENSE
18
BUILDING
990
MORTGAGE PAYABLE
510
LONG TERM NOTES RECEIVABLE
30
25
GOODWILL
18
MEDICAL SUPPLIES
720
103
LAND HELD FOR FUTURE USE
BONDS PAYABLE
14
280
UNEARNED INTEREST FEES
COST OF SALES
45
3.
LAND HELD FOR FUTURE USE
INTEREST INCOME
170
387
COPYRIGHTS
INVENTORY
20
122
PREPAID ADVERTISING
PENSION OBLIGATIONS
50
15
LONG TERM NOTES PAYABLE
RENTAL FEES
180
10
TRADEMARK
ACCRUED LIABILITIES
A Moving to the next question prevents changes to this answer.
Transcribed Image Text:Question 6 USING THE FOLLOWING DATA, CALCULATE THE DOLLAR AMOUNT ($) OF TOTAL INTANGIBLE ASSETS DEPRECIATION EXPENSE-BLDG 5. SALARIES AND WAGES PAYABLE 800 LAND 200 ACCUMULATED DEPRECIATION -BUILDING 35 UNEARNED SALES REVENUE 360 SHORT TERM INVESTMENTS 93 PATENTS 69 NOTES PAYABLE 180 PREPAID LEGAL EXPENSE 18 BUILDING 990 MORTGAGE PAYABLE 510 LONG TERM NOTES RECEIVABLE 30 25 GOODWILL 18 MEDICAL SUPPLIES 720 103 LAND HELD FOR FUTURE USE BONDS PAYABLE 14 280 UNEARNED INTEREST FEES COST OF SALES 45 3. LAND HELD FOR FUTURE USE INTEREST INCOME 170 387 COPYRIGHTS INVENTORY 20 122 PREPAID ADVERTISING PENSION OBLIGATIONS 50 15 LONG TERM NOTES PAYABLE RENTAL FEES 180 10 TRADEMARK ACCRUED LIABILITIES A Moving to the next question prevents changes to this answer.
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