Business, 06.05.2020 05:20 skylarbrown018
Gill Company, organized in 2017, has the following transactions related to intangible assets.1/2/17 Purchased patent (5-year life) $385,0004/1/17 Goodwill purchased (indefinite life) 360,0007/1/17 12-year franchise; expiration date 7/1/2,029 408,0009/1/17 Research and development costs 176,000a. Prepare the necessary entries to record these intangibles. All costs incurred were for cash. Make the adjusting entries as of December 31, 2017, recording any necessary amortization. b. Calculate ending balances as at 12/31/17.
Answers: 1
Other questions on the subject: Business
Business, 21.06.2019 19:20, robert7248
Anderson, a computer engineer, and spouse, who is unemployed, provide more than half of the support for their child, age 23, who is a full-time student and who earns $7,000. they also provide more than half of the support for their older child, age 33, who earns $2,000 during the year. how many dependents may the andersons claim on their joint tax return?
Answers: 3
Business, 22.06.2019 03:00, janeou17xn
Put each of them in order. you are a young entrepreneur with a startup business. you now seek credit from the bank to expand it. what are the steps you will have to take? 1. you support your loan application with relevant documents. 2. you fill out the loan application form at the bank 3. you get an approval for the loan and the money is disbursed to your business account 4. you use the credit to further your business plan. 5. you have an interview with the loan officer and you explain your business plan.
Answers: 1
Business, 22.06.2019 10:30, SuBzErO24
Which maxim is being neglected in the following conversation? eli: how did you do at the track meet? caleb: i came in second place! eli: congratulations! what was your time? caleb: six minutes, four seconds. the guy who won only beat me by three seconds. eli: really? katie said the winning time was under 6 minutes. caleb: oh, well, he might have beat me by five seconds. a)maxim of quantity b)maxim of quality c)maxim of relevance d)maxim of manner
Answers: 1
Business, 22.06.2019 13:00, ksteele1
Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate? a) threat of new entrants b)competitors c) economic factors d) customers d) regulators
Answers: 1
You know the right answer?
Gill Company, organized in 2017, has the following transactions related to intangible assets.1/2/17...
Questions in other subjects:
English, 24.03.2020 03:02
