On january 2, 2021 windsor company purchased a patent for 45,500. the patent has an estimated useful
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On january 2, 2021 windsor company purchased a patent for 45,500. the patent has an estimated useful life of 25 years and a 20 year legal life. what entry would the company make at dec31, 2021 to amortization expense on the patent?
Related Book For
Intermediate accounting
ISBN: 978-0077647094
7th edition
Authors: J. David Spiceland, James Sepe, Mark Nelson
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