The costs of organizing a corporation are: a. Expensed as incurred b. Capitalized as an intangible asset

Question:

The costs of organizing a corporation are:

a. Expensed as incurred

b. Capitalized as an intangible asset

c. Recorded as share capital

d. None of the above.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...

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