Hatter15121 Hatter15121
  • 02-12-2017
  • Business
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Zzy inc. purchased a patent for $350,000 which has an estimated useful life of 10 years. its pattern of use or consumption cannot be reliably determined. prepare the entry to record the amortization of the patent in its first year of use

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dorsett570
dorsett570 dorsett570
  • 02-12-2017
the answer is $35,000
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