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The General Ledger of the Flayle Corporation as of December

Question 16

Multiple Choice

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

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