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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
A patent has amortization this year of $2,300. The journal entry would be to:
A) debit amortization expense-patent, $2,300; credit Accumulated Depreciation-patent, $2,300.
B) debit accumulated amortization-patent, $2,300; credit patent, $2,300.
C) debit amortization expense-patent, $2,300; credit patent, $2,300.
D) debit accumulated amortization-patent, $2,300; credit amortization expense-patent, $2,300.
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Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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largerthanlifelargerthanlife
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7 years ago
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This helped my grade so much Perfect
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You make an excellent tutor!
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