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Business, 20.12.2019 02:31 bree480

Ayayai corporation purchases a patent from blossom company on january 1, 2020, for $40,000. the patent has a remaining legal life of 12 years. ayayai feels the patent will be useful for 10 years. prepare ayayai’s journal entries to record the purchase of the patent and 2020 amortization

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Ayayai corporation purchases a patent from blossom company on january 1, 2020, for $40,000. the pate...
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