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Business, 21.01.2021 22:50 xjsg

Suppose that on January 1, 2016 PepsiCo purchased a patent on a production process and it expected that this patent would have value for 10 years. The patent was recorded on the books for $4,800,000. Required:
What will the entry look like to record amortization for the month of January, 2016?

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Suppose that on January 1, 2016 PepsiCo purchased a patent on a production process and it expected t...

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