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-   -   How to prepare journal entry for the impairment of patents? (https://www.askmehelpdesk.com/showthread.php?t=543969)

  • Jan 14, 2011, 07:24 AM
    kmmsem
    How to prepare journal entry for the impairment of patents?
    We have abandoned $582,000 in patents. I'm not sure how to record the journal entry to bring the patent account to the correct book value.

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