The general ledger of the Flayle Corporation as of December 31 includes the following accounts:

In the preparation of Flayle's balance sheet as of December 31, what should be reported as total intangible assets?
A) $68,000
B) $328,000
C) $368,000
D) $380,000

Question

The general ledger of the Flayle Corporation as of December 31 includes the following accounts:

In the preparation of Flayle's balance sheet as of December 31, what should be reported as total intangible assets?
A) $68,000 
B) $328,000 
C) $368,000 
D) $380,000

Quizplus · Accepted Answer

The Answer of The general ledger of the Flayle Corporation as of December 31 includes the following accounts:

In the preparation of Flayle's balance sheet as of December 31, what should be reported as total intangible assets?
A) $68,000 
B) $328,000 
C) $368,000 
D) $380,000

The General Ledger of the Flayle Corporation as of December