kmmjones6108
01.07.2019 •
Business
Exercise 12-16 (part level submission) wildhorse company from time to time embarks on a research program when a special project seems to offer possibilities. in 2016, the company expends $330,500 on a research project, but by the end of 2016 it is impossible to determine whether any benefit will be derived from it. collapse question part (b) the project is completed in 2017, and a successful patent is obtained. the r& d costs to complete the project are $120,500. the administrative and legal expenses incurred in obtaining patent number 472-1001-84 in 2017 total $18,100. the patent has an expected useful life of 5 years. record these costs in journal entry form. also, record patent amortization (full year) in 2017. (credit account titles are automatically indented when amount is entered. do not indent manually. if no entry is required, select "no entry" for the account titles and enter 0 for the amounts.)
Solved
Show answers
More tips
- S Style and Beauty Lamination of Hair: How it Works and What it is?...
- C Computers and Internet Best Applications for Your iPad: Review of the Best Candidates for Installation...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
- A Art and Culture When Will Eurovision 2011 Take Place?...
- S Style and Beauty How to Choose the Perfect Hair Straightener?...
- F Family and Home Why Having Pets at Home is Good for Your Health...
- H Health and Medicine How to perform artificial respiration?...
- H Health and Medicine 10 Tips for Avoiding Vitamin Deficiency...
- F Food and Cooking How to Properly Cook Buckwheat?...
- F Food and Cooking How Many Grams Are In a Tablespoon?...
Answers on questions: Business
- B Business Question # 11 Multiple Choice Look at the diagram below. What phenomenon does it depict? Obesity prevention Obesity prevention Human capital Cycle of poverty...
- B Business What modern-day learning technique is most similar to apprenticeship? Vocational training, where students learn the skills they need for new careers through hands-on...
- B Business What is operating a vocation? explain with example....
- B Business Assume that you hold a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. You are in the process of buying 1,000 shares of Omega...
- B Business Travel Now Inc., reported total cash of $1,600 million at September 30, 2016. Of this amount, $50 million was set aside and could be used only to fulfill the requirement...
- B Business Addison Corporation is considering the purchase of equipment that would increase sales revenues by $250,000 per year and cash operating expenses by $100,000 per year....
- B Business Inflation: a. can cause a redistribution of income from creditors to borrowers. b. may discourage investment and economic growth. c. can decrease the value of a nation...
- B Business Loaded-Up Fund charges a 12b-1 fee of 1.00% and maintains an expense ratio of 0.75%. Economy Fund charges a front-end load of 2.0%, but has no 12b-1 fee and an expense...
- B Business Sylvester Co. takes out a 12% loan of $500,000 on 1/1/year 4 to finance construction of a building for the company’s own use. Construction begins immediately, and...
- B Business Which of the following is included in GDP? revenue from the sale of a three-year old car the fees charged for a stock broker s services the receipts from a sale of...
Ответ:
it is c I guessed that I hope its right