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Home > Business & Careers > Accounting   »   prepare the necessary journal entries to clear the Intangible Assets account?

 
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Old Apr 4, 2008, 04:28 PM
Ivy2683
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prepare the necessary journal entries to clear the Intangible Assets account?

8/1/07 Purchased copyright (8 year life estimated) 160,000
9/1/07 Research and Development Costs 135,000

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