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Exercise 10-13 31-a2 (Video) Bramble Company, organized in 2020, as the following transactions related to intangible assets. CALCULATOR PRINTER VERSION 1/2/20 4/1/20 7/1/20 9/1/20 Purchased
Exercise 10-13 31-a2 (Video) Bramble Company, organized in 2020, as the following transactions related to intangible assets. CALCULATOR PRINTER VERSION 1/2/20 4/1/20 7/1/20 9/1/20 Purchased patent (6-year life) Goodwill purchased (indefinite Wife) 14-year franchise Research and development costs $474,000 360,000 588,000 166,000 Prepare the necessary entries to record these intangibles. Al costs incurred were for cash. Make the adjusting entries as of December 31, 2020, recording any necessary amortization (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record fournal entries in the order presented in the problem. I no entry in elect "No Entry for the account titles and enter for the amounts) Date Account Tities and Explanation Debit Credit CALCULATOR PRINTER VERSI Calculate ending balances as at 12/31/20 Ending balances Patents Goodwill Franchises Research and Development Expense Question Antempt of weed A S TAR
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