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Consider each of the transaction below independently. All expenditures were made in cash During 2020, PC Software Inc. developed a new personal computer database management
Consider each of the transaction below independently. All expenditures were made in cash
During 2020, PC Software Inc. developed a new personal computer database management software package. Total expenditures on the project were $800,000, of which 30% occurred after the technological feasibility of the product had been established.
Prepare all necessary journal entries to record each the transaction. Use this format:
Date | Account Titles | DR | CR |
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