- Ch to Chit Exercise 10-33 (Algo) Intangibles; Start-up costs (L010-1, 10-8] Help Seve Freitas Corporation was organized early in 2021 The following expenditures were made dunng the first few months of the year Attorneys fees in connection with the organization of the corporation State filing fees and other incorporation costs Purchase of patent Legal and other fees for transfer of the patent Purchase of equipment Preopening salaries and employee training Total Required: Prepare a summary journal entry to record the $110.800 in cash expenditures (If no entry is required for a transaction/event, select "No journal entry required in the first account field.) View transaction list Journal entry worksheet Record the $110,800 in cash expenditures. Note: Enter debits before credits General Journal Transaction Credit arch DE * e a 900