ORGANIZATION COSTS B&B Electric decided to incorporate and has incurred the following costs of organizing: Incorporation fees$

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ORGANIZATION COSTS B&B Electric decided to incorporate and has incurred the following costs of organizing:

Incorporation fees…………$ 400

Attorneys’ fees…………… 4,800

Promotion expenses………..5,700

Prepare the entry to record payment of these organization costs for cash on January 31.

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College Accounting

ISBN: 978-0538745192

20th Edition

Authors: Heintz and Parry

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Question Posted: Dec 20, 2011 10:40 AM

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ORGANIZATION COSTS B&B Electric decided to incorporate and has incurred the following costs of organizing: Incorporation fees$

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