Presented below is information related to plant assets and intangible assets at year end on December 31, 2014, for Looper Company: $\begin{array}{lr}
\text { Buildings } & \$ 1,180,000 \
\text { Goodwill } & 370,000 \
\text { Patents } & 480,000 \
\text { Land } & 390,000 \
\text { Accumulated Depreciation } & 650,000
\end{array}$ Instructions
Prepare a partial balance sheet for Looper Company that shows how the above listed items would be presented.

Question

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The Answer of Presented below is information related to plant assets and intangible assets at year end on December 31, 2014, for Looper Company: $\begin{array}{lr}
\text { Buildings } & \$ 1,180,000 \
\text { Goodwill } & 370,000 \
\text { Patents } & 480,000 \
\text { Land } & 390,000 \
\text { Accumulated Depreciation } & 650,000
\end{array}$ Instructions
Prepare a partial balance sheet for Looper Company that shows how the above listed items would be presented.

Presented Below Is Information Related to Plant Assets and Intangible