{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-27T05:15:02-04:00", "answer_date": "2024-05-27 05:15:02", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1780191", "url": "\/study-help\/questions\/-1780191", "question_creation_date_js": "2024-05-27T05:15:02-04:00", "question_creation_date": "May 27, 2024 05:15 AM", "meta_title": "[Solved] On April 1 , a patent with an estimated u | SolutionInn", "meta_description": "Answer of - On April 1 , a patent with an estimated useful economic life of 1 2 years was acquired for $ 7 2 , 0 0 0 . In addition | SolutionInn", "meta_keywords": "april,1,patent,estimated,economic,life,2,years,acquired,$,7,addition", "question_title_h1": "On April 1 , a patent with an estimated useful economic life of 1 2 years was acquired for $ 7 2 , 0 0", "question_title": "On April 1 , a patent with an estimated useful economic life", "question_title_for_js_snippet": "On April 1 , a patent with an estimated useful economic life of 1 2 years was acquired for $ 7 2 , 0 0 0 In addition, on December 3 1 , it was estimated that goodwill of $ 6 0 , 5 0 0 was impaired Question Content Area a Record the acquisition of patent If an amount box does not require an entry, leave it blank April 1 Question Content Area b Journalize the adjusting entry on December 3 1 for the amortization of the patent rights Do not round intermediate calculations If an amount box does not require an entry, leave it blank Dec 3 1 Question Content Area c Journalize the adjusting entry on December 3 1 for the impaired goodwill If an amount box does not require an entry, leave it blank Dec 3 1", "question_description": "