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EmmyComic, Inc. incurs and pays development costs. EmmyComio hopes that these costs will ultimately res in an internally-developed patent. What should EmmyComic record in the
EmmyComic, Inc. incurs and pays development costs. EmmyComio hopes that these costs will ultimately res in an internally-developed patent. What should EmmyComic record in the following accounts for these development costs? Patents: Cash: Retained earnings
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