Riverbed Corporation’s adjusted trial balance contained the following asset acco

Question

Riverbed Corporation’s adjusted trial balance contained the following asset accounts at December 31, 2017: Prepaid Rent $23,800; Goodwill $63,900; Franchise Fees Receivable $4,000; Intangible Assets—Franchises $66,000; Intangible Assets—Patents $46,200; and Intangible Assets—Trademarks $13,500. Prepare the intangible assets section of the statement of financial position.

Riverbed Corporation

Statement of Financial Position (Partial)

December 31 2017

____________ $ ___________

_____________ $ __________

______________ $ ___________

Total Intangible Assets $ ___________

Explanation / Answer

statement of financial position (partial):

Intangible assets: goodwill $63,900 franchises $66,000 patents $46,200 trademarks $13,500 Total intangible assets $189,600

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