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Is it possible for the extended life to go beyond the legal life (20 years) of a Patent?

I have a question. Didn't the Economic Entity assumption/concept state that the business unit is distinct from its owners. So basically, the company keeps its activity separate from the personal...

Thank you so much!

Why is there a need to include Salaries Expense and Service Revenue in the computation? Nothing was mentioned that these expenses and revenues were incurred/earned during the month and it could've...

I want to check if my answers to the following questions are correct. :)

A partial adjusted trial balance of Safin Company at January 31, 2010

Dr. Supplies 900
Dr. Prepaid Insurance 2400
Cr....

Are there still careers nowadays that do not require the use of computer?

Thanks for clarifying that! :) Could you please help me out with one of the questions I've posted regarding analyzing adjusted data?

I want to check if my answers to the following questions are correct. :)

A partial adjusted trial balance of Safin Company at January 31, 2010

Dr. Supplies 600
Dr. Prepaid Insurance 2400
Cr....

Should we correct how Cash is Credited (even though it's normal balance is Dr.) and how Service Revenue is Debited (even though it's normal balance is Cr.)? When I tried to put them in their normal...

Why are Salaries Expense and Service Revenue included in the computation for nos. 3 & 4, respectively? Unlike in nos. 1 & 2, nothing was stated in nos. 3 & 4 that the other expenses and revenue were...