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A company received royalties from the assignment of patents to other enterprises. In the period in which the royalties are earned, the royalties should Subtracted
A company received royalties from the assignment of patents to other enterprises. In the period in which the royalties are earned, the royalties should Subtracted from the capitalizable cost of the patent. be Amortized to income over the remaining useful life of the patent. Netted against patent amortization expense
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