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)

Date:

Intangible Assets

_______________ _____________

________________ _______________

_________________ ________________

Total Intangible Assets ____________________

Explanation / Answer

Riverbed Corporation

Statement of Financial Position (Partial)

December 31, 2017

Intangible Assets Goodwill $63,900 Franchises $66,000 Patents $46,200 Trademarks $13,500 Total Intangible Assets $189,600

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