User Account

All Pages

Prepare the intangible assets section of the balance sheet

Assignment Help Accounting Basics
Reference no: EM13986487

Patrick Corporation's adjusted trial balance contained the following asset accounts at December 31, 2014: 

Prepaid Rent $14,170; 
Goodwill $50,540; 
Franchise Fees Receivable $4,270; 
Franchises $48,770; 
Patents $36,890; 
Trademarks $12,050. 

Prepare the intangible assets section of the balance sheet. 

Reference no: EM13986487

Questions Cloud

What was ungers net income for 2012 : The following is a list of selected events for Unger Sales and Service for 2012. Unger uses a perpetual inventory system and had a zero inventory balance prior to these transactions. What was Unger's net income for 2012? Compute gross margin for 2012..
Complete the income statement and the balance sheet : Calculate missing amounts, retained earnings, cash, income taxes, income before tax, operating expenses.
Find the express code that corresponds to the service tag : Find the express code that corresponds to the service tag: H32Y1F1. You must show how you got your answer - For each hexadecimal digit it displays a line showing how that digit was created and finally displays a line containing the final result.
Draw the free-body diagram for the block : Draw the free-body diagram for the block. Determine the block's acceleration as it slides down the inclined plane. Is your answer reasonable? Why or why not?
Prepare the intangible assets section of the balance sheet : Patrick Corporation's adjusted trial balance contained the following asset accounts at December 31, 2014: Prepare the intangible assets section of the balance sheet.
Find angle through which it rotated during the acceleration : A disk rotating at 8 rad/s is accelerated at the rate of 1.8 rad/s2 for 7 s. What is its new angular speed? Find the angle through which it rotated during the acceleration.
Explain how to perform task clearly effectively and quickly : Find a mechanism or product around your home and write instructions on how-to install or operate that item. I would like to see at least one graphic in your document. Explain how to perform a task clearly, effectively, and quickly. Adapt to the rea..
The proposed truck has an estimated economic life : The proposed truck has an estimated economic life of seven years but will be treated as a five-year MACRS property for depreciation purposes.
Calculate the present value (pv) of this perpetuity for two : Suppose you were to receive a perpetual annual payment (perpetuity) of $640 per year. in the following table calculate the present value (PV) of this perpetuity for two different annual rates of discount (i). Based on your calculations, the present v..

Reviews

Write a Review

Accounting Basics Questions & Answers

  An investment costs 500 and is expected to produce cash

an investment costs 500 and is expected to produce cash flows of 50 at the end of year 1 60 at the end of year 2 70 at

  The payments are 20500 the first year and increase by 800

on january 1 2013 sweetwater furniture company leased office space under a 21-year operating lease agreement. the

  At the end of the year x company had sold 64600 units of

at the end of the year x company had sold 64600 units of its regular product for 897940. a company offered to buy 4850

  A group of economics students gathered to study for a test

a group of economics students gathered to study for a test on the money and banking system in the u.s. during a fast

  In august 2011 legendary investor warren buffett wrote in a

in august 2011 legendary investor warren buffett wrote in a new york times op-ed while the poor and middle class fight

  Global financing and exchange rate

Choose one of the following topics. Prepare a minimum 1,050 word paper in which you analyze one of the following global financing and exchange rate topics:

  Collected cash from accounts receivable

Collected cash from accounts receivable not within the discount period.

  Where there is evidence that the utility of goods in their

where there is evidence that the utility of goods in their disposal in the ordinary course of business will be less

  Compute the net cash provided by operating activities

Compute the net cash provided by operating activities

  Calculate adjusted current earnings

Calculate adjusted current earnings

  Making a statement of cash flows

Given the following data, manke, in good form, an income statement for the Dental Drilling Company as of December 31, 2003.

  Cornell corporation manufactures facuets several weeks ago

cornell corporation manufactures facuets. several weeks ago the firm recieved a speical-order inquiry from yale inc.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd