These are selected 2022 transactions for Pedigo Corporation. Jan. 1 May l Purchased a small company and
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These are selected 2022 transactions for Pedigo Corporation. Jan. 1 May l Purchased a small company and recorded goodwill of $150,000. Its useful life is indefinite. Purchased a patent with an estimated useful life of 5 years and a legal life of 20 years for $75,000.Instructions Prepare all adjusting entries at December 31 to record amortization required by the events.
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Related Book For
Accounting Principles
ISBN: 9781119707110
14th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell
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