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AUDIT OF INTAGIBLE ASSETS AND PREPAYMENT Case 1 Jacob Corporation was organized in 20x1. Its accounting records include only one (1) account for all intangible

AUDIT OF INTAGIBLE ASSETS AND PREPAYMENT

Case 1

Jacob Corporation was organized in 20x1. Its accounting records include only one (1) account for all intangible assets. The following is a summary of the debit entries that have been recorded and posted during 20x1 and 20x2.

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