Hook Corp. incurred the following start-up costs, all paid in cash: Legal fees $75,000 Accounting fees 35,000
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Question:
Legal fees | $75,000 |
Accounting fees | 35,000 |
Promotional fees | 15,000 |
Staff training fees | 13,000 |
Required:
Prepare Hook’s journal entry to record the start-up costs, all paid in cash.
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Related Book For
Intermediate Accounting
ISBN: 978-0324659139
11th edition
Authors: Loren A. Nikolai, John D. Bazley, Jefferson P. Jones
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