30. The general ledger of Vance Co. as of December 31, 2011 includes the following...
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30. The general ledger of Vance Co. as of December 31, 2011 includes the following accounts: Copyrights 30,000 Deposits with advertising agency (will be used to promote goodwill) 27,000Discount on bonds payable 70,000Excess of purchase price over fair value of the net assets of a subsidiary390,000Trademarks 90,000In the preparation of Vances balance sheet as of December 31, 2011, what should be reported as total intangible assets? A. 480,000. B. 507,000.C. 510,000.D. 537,000.
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