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Cecilia opened the store on November 1, 2019. On October 31,2019, how much of the above costs would be reported as Intangible assets (indefinite life)
Cecilia opened the store on November 1, 2019. On October 31,2019, how much of the above costs would be reported as Intangible assets (indefinite life) on the balance sheet? How much would be reported as Intangible assets (finite life) on the balance sheet? None of these $60,000: $55,000 $80,000; $35,000 $35,000; $88,000 $60,000; $63,000 $35,000; $80,000
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