. Klee Company reported the following data at year-end: ...

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Accounting

. Klee Company reported the following data at year-end:

Franchise

P1,000,000

Computer software

1,500,000

Deferred charges

100,000

Patent

2,500,000

Customer list

500,000

Copyright

700,000

Deposit with advertising agency to promote goodwill

400,000

Bond sinking fund

1,300,000

Goodwill

4,000,000

Trademark

900,000

Research and development cost

2,000,000

What total amount should be reported as intangible assets?

1. Klee Company reported the following data at year-end:

Franchise

P1,000,000

Computer software

1,500,000

Deferred charges

100,000

Patent

2,500,000

Customer list

500,000

Copyright

700,000

Deposit with advertising agency to promote goodwill

400,000

Bond sinking fund

1,300,000

Goodwill

4,000,000

Trademark

900,000

Research and development cost

2,000,000

What total amount should be reported as intangible assets?

P11,100,000

P13,100,000

P11,500,000

P10,600,000

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