The general ledger of Vance Corporation as of December 31, 2015, includes the following accounts: In the preparation of Vance's balance sheet as of December 31, 2015, what should be reported as total intangible assets?
A) $570,000.
B) $597,000.
C) $600,000.
D) $627,000.

Question

The general ledger of Vance Corporation as of December 31, 2015, includes the following accounts:  In the preparation of Vance's balance sheet as of December 31, 2015, what should be reported as total intangible assets?
A) $570,000. 
B) $597,000. 
C) $600,000. 
D) $627,000.

Quizplus · Accepted Answer

The Answer of The general ledger of Vance Corporation as of December 31, 2015, includes the following accounts:  In the preparation of Vance's balance sheet as of December 31, 2015, what should be reported as total intangible assets?
A) $570,000. 
B) $597,000. 
C) $600,000. 
D) $627,000.

The General Ledger of Vance Corporation as of December 31