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Green Market Inc. acquires the customer list of a large newspaper for $6,000,000 on January 1, 2014. Green Market expects to benefit from the information
Green Market Inc. acquires the customer list of a large newspaper for $6,000,000 on January 1, 2014. Green Market expects to benefit from the information evenly over a three-year period. Record the purchase of the customer list and the amortization of the customer list at the end of each year.
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